TRDVMA

USDCAD STILL HIGHLY BEARISH

Short
TRDVMA Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
0
Targets applicable. Target 2 more likely now for Bulls to begin.
Comment:
Today's thrust not enough to convince that the trend changed. Need to wait for more confirmation. Still bear. Especially if Oil goes up (37$), no way CAD will go down. Here we are talking about long term (minimum daily) not minutes or hours. Short term trades may go long, if they can control quick ins and outs. However keep in mind that trading is more secure if you trade in the direction of the main trend.

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