TheOzarkTrader

USDCAD Possible Short Scenario

FX:USDCAD   U.S. Dollar / Canadian Dollar
There is a beautiful respect at current price point on the 61.80 percent, What I'm looking for in particular is the price to
fake out either direction. We have Non-Farm Payroll coming very soon so we are awaiting anticipation on this specific News Release.

There has been decent respects to Supply and Demand and Fibonacci Levels on a more Grand and profound picture, What we may see,
and this is just my bias, is a continuation to the downside as the candlestick formation looks to set up a buy fake out and clear the zone
only to return to bearish trend after accumulation.
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