Hi guys
Fundamentally: CAD fundamentally is weak and USD fundamentally is strong so; this pair should go up
Technically: If you look at daily chart, after a sharp down movement the chart has corrected 0.5 line of fib which means, it is possible to go and reach 0.78 of fib or 0.61 line of fib.
Trade only your own idea not even most professional traders
Fundamentally: CAD fundamentally is weak and USD fundamentally is strong so; this pair should go up
Technically: If you look at daily chart, after a sharp down movement the chart has corrected 0.5 line of fib which means, it is possible to go and reach 0.78 of fib or 0.61 line of fib.
Trade only your own idea not even most professional traders
Comment:
Take a look at daily chart as well. It just an expectation not a trade setup
