0612 USDCAD: made it back to the top again
USDCAD , again, made it back to the top by its rate announcement yesterday .
This just happen to be a new reflection point on the channel and same high position as last one in June.
The double top looks great so far as long as no a new high to make in the coming few days.
Then will see USDCAD drop down to correct inside the channel first.
Once the channel is broken, will see it dig down lower support positions .
Less is more!
This just happen to be a new reflection point on the channel and same high position as last one in June.
The double top looks great so far as long as no a new high to make in the coming few days.
Then will see USDCAD drop down to correct inside the channel first.
Once the channel is broken, will see it dig down lower support positions .
Less is more!
