maccabean

CAD sideways moveme presents upcoming range breakout opportunity

FX:USDCAD   U.S. Dollar/Canadian Dollar
I have a downwards bias but the price could go either way. Place buy stop and sell stop on either side of the price. MACD showing slight downwards momentum . Bollinger band constricting tightly. Short term moving average sideways whereas long term moving average is down.

Upcoming data tomorrow will give us direction and BoC             Poloz speaks later on as well.

To be honest, I hate trading through speeches, so possibly place orders after she speaks.
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