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Zetta21
Dec 11, 2015 8:35 PM

Short USD/CAD AFTER (!!!) Market Has Shown Topping Action Short

U.S. Dollar/Canadian DollarFXCM

Description

Not much can stop USD/CAD bull stampedo until oil shows some strenght or dollar weakens.
FED is the key to watch next week. We are sure it will be interesting to see whether oil is able to test double bottom from 2009 and what market reaction is after FED finally starts raising rates.
We will be watching USDCAD for potential short after some strong signals on smaller timeframe charts.

Until then WE ARE LONG minded or NEUTRAL and most imporatant BE CAREFUL and don't get caught in the wrong direction. Use stops.
Stay tuned!
zetta21.net
Comments
Zetta21
Update on 21st of December. No sense in shorting this beast yet. But we are getting closer and closer... :-)
wwfm
Agree , we will see correction
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