TradingView
SonicDeejay
Sep 6, 2017 10:22 AM

USD/CAD Daily Update (6/9/17) *Massive CAD weakness possible Long

U.S. Dollar/Canadian DollarFXCM

Description

We will be having rate decision on CAD in few hours time.
I am seeing massive Sell side of CAD is brewing.

e.g. xxx/CAD shall rise further.
There isn't much of Price Action to support but it can unfold to the bullish side of xxx/cad pair quickly.


Trade Safe,
s0nic






Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.

please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level.
or if there is any question about this analysis/need new update.
Because I'm not monitoring this chart all time.

Comment

I am wrong on this one.
Comments
lowyh_88
so fast declared lose?
chartseeker
Is it becauce there is a Hammer at a strong support area?
SonicDeejay
@chartseeker, I am wrong on this one.
More