FX:USDCAD   U.S. Dollar / Canadian Dollar
222 views
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.

Comments


what do you think about this trendline?
Reply
Yes liking the look of that trend line. Next week should be interesting.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out