Hope you guys are having a great weekend so far. I'm back analysing some charts good for this week.
Currently looking at USDCAD . Price finally took a turn after 9 days of falling. PLUS we have a candle on the . That being said, i look for this pair to go higher after some retracements. I may be a tough one as USD seems to be very berish after the fed minutes and everyone is waiting for Yellen's speech on friday.
I will plan to go long at the .50 fib level at (1.28281) with SL at 1.2794 (~-40pp) with TP 1.2986 (~150pp)
Small risk as this may go down if oil continues to rally.
All the best and trade safe guys.
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