overall USDCAD has been ranging with 1.30500 & 1.33000 psych zones & continues to do so coming back down after liquidity picked up, market became overbought & with this came the heavy appreciated drop.
now the continuation to the downside? (be patient & observe the market, anticipate - react - execute)
from impulse to relief the fib 61.8 lines up properly with the 1.31500 psych zone (overall downside target) but 1.32048 is up next
breakout and closure, pull back into recent levels, quick touch and then move
patience is key,
cheers.
now the continuation to the downside? (be patient & observe the market, anticipate - react - execute)
from impulse to relief the fib 61.8 lines up properly with the 1.31500 psych zone (overall downside target) but 1.32048 is up next
breakout and closure, pull back into recent levels, quick touch and then move
patience is key,
cheers.