USDCAD

U.S. Dollar/Canadian DollarFXCM

Description

⋅ May 29, 2016 6:09 PM

Sunday analysis;

2 ways to trade.

1. As you can see there is a possiblity if the market continues to go down that there is a head & shoulders.
2. If the market breaks the upper trend line, you can buy up to the blue rectangle. (If there is a break out even go higher)

NOTE! Head & shoulders is not yet formed.