the_one_that_got_away

What Can We Expect From USD/CAD

FX:USDCAD   U.S. Dollar/Canadian Dollar
218 2 2
Looks like we are on route to breaking another trendline - If that's the case and we break and close below it may be best to stay away from this pair until the market decides what it wants to do.

There is slight bullish divergence but a close below 1.08468 will most likely negate this. There could be a nice shorting opportunity lining up, next week should give as further clues.
sunny
2 years ago
snapshot

what do you think about this trendline?
Reply
the_one_that_got_away sunny
2 years ago
Yes liking the look of that trend line. Next week should be interesting.
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