TradersClassroom

USDCAD: Look At This Mamma Jamma

FX:USDCAD   U.S. Dollar/Canadian Dollar
152 0 1
USDCAD             was cruising along nicely until Poloz opened his mouth and had to say good things about Canada. I'm completely kidding of course. A new strategy is needed heading forward since we broke and closed below a support level . I can't become long term bearish until we break some more levels so I will be looking for areas to reenter long. FOMC statement coming up so trade cautiously. I will also be paying close attention to price action and looking for a signal to scream one way or another. I posted a short video about this pair. Watch it here: http://youtu.be/9KPKygpIKWE
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