Hello Traders!
As you can see the USD/CAD has been trending bearish since breaking that 20 day look back highest high from Oct. 1st.
We also have taken out majority of the sell side liquidity on the Higher Time Frame which is significant.
I do see areas that we can seek a buy opportunity. However the overall trend is still bearish if the dollar continues to fall.
As you can see the USD/CAD has been trending bearish since breaking that 20 day look back highest high from Oct. 1st.
We also have taken out majority of the sell side liquidity on the Higher Time Frame which is significant.
I do see areas that we can seek a buy opportunity. However the overall trend is still bearish if the dollar continues to fall.
