USDCAD- WATCH OPEC MEETING THIS WEEK

For Sunday we are watching for a buy from the bottom of consolidation We actually began the trade from 1.2950 on Friday. Look to rally to the top of consolidation 1.3339. We may get the reverse out depending on what happens with the OPEC meeting. One thing to keep in mind about oil prices, once they start dropping like this, they can continue to drop for quite some time, regardless of what happens with OPEC Anyway, here's the information on the meeting money.cnn.com/2016/0...-meeting-production/

Comment:

Order active at the bottom of consolidation. watching for bullish candlestick formation tonight. If we get that I am long if we break the B I will look for entries into the pivot below.

Trade active:

12875 long... double bottom.. At least trading the pullback with the usd finding support on the daily chart.

Trade closed manually:

Came off this for -20.. Going to get through opec...

Trade active:

Reverse on this is now break even and went for 70 off first one.