This is my latest analysis on USD/CAD following a 1 Hour Breakout Strategy. Its been an up and down week for the US given the fundamentals below(Please refer to www.investing.com/economic-calendar/).
I'm watching price action closely for a breakout at the TOP of the descending(bearish) parallel channel and potential 100 pip trade OR
I will be watching for a breakout of the triangle at the bottom and catch a 170 pip push to the support level at 1.3940.
Please feel free to leave a comment and share your thoughts.
How does you analysis look?
#NotFinancialAdvice
I'm watching price action closely for a breakout at the TOP of the descending(bearish) parallel channel and potential 100 pip trade OR
I will be watching for a breakout of the triangle at the bottom and catch a 170 pip push to the support level at 1.3940.
Please feel free to leave a comment and share your thoughts.
How does you analysis look?
#NotFinancialAdvice
