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Apostoley

USDCAD Potential Long Predicated on Non-Farm Release

Long
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
Apostoley  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
1
0
Jan 4 2017:

Expect major resistance at 1.3300 prior to Non-Farm. Prediction on favorable USD news is slow consolidation towards Friday news, with slight upward trend. Towards release, large bear wicks should form, prior to the main push up toward 1.3400. Be aware that aggressive bear wicks will stop out many buyers who get in too early.

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