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look4edge
Jun 5, 2015 9:20 AM

Ucad - channel boarder 12540 Short

U.S. Dollar/Canadian DollarFXCM

Description

Ucad awaiting opec and nfp at channel boarder.
Daily fast cci momentum showing bearish divergence.
Let the news set/confirm the direction.
Tgt: 11925, 11700 area
If shark will develop, sl above bullflag, 12565
Comments
IvanLabrie
Interesting, definitely a corrective structure, so the channel makes sense.
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