produced a bearish
engulf on the weekly chart hinting at a potential upward change in direction. The pair issued a buy signal on the 1 box P and F chart and appears to be close to making a break on the daily. I will enter long on a close above 1:3137 which will clear resistance on the daily chart
. target will be 1:36.
appears to be beginning a downward move which will drag on the CAD and recent US data suggests that the next FED rate move is still on the cards.
weekly continues although this week was a poor one for the trade