The USDCAD swing trend has been a solid bear for days. However, that might be changing? resistance is broken and a lot of trending indicators are signaling a new buy signal. Is it time for the Bulls to have a run?
I'm long @ 1.3240 with a stop just below 1.3200. I understand the risks associated with picking the bottom (or trying to pick the bottom) of a swing trend, but my indicator is pretty darn reliable, so we'll see :D