USDCAD failed to close above the blue line of 1.32417, which is strong resistance, though challenged and broken, shows that bulls dont have much power to break upside.
Challenge of the bottoms is in play now, and we can ride the USDCAD bus down for decent $$$. See you there
Challenge of the bottoms is in play now, and we can ride the USDCAD bus down for decent $$$. See you there
Trade active:
Resistance still holds, oil is looking good on an uptrend with macro fundamentals supporting the bullish view for CAD, trade is still ON.