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SamuelToro
May 18, 2017 10:27 AM

Third Try - What to Anticipate 

U.S. Dollar/Canadian DollarFXCM

Description

USDCAD is on a key level now, trying to g through third time to higher prices. We broke through the 200-EMA line, so there is potential for a bullish move. Red color is the advancement of bearish moves and blue is therefore for bullish moves. This is how I see what the next moves of the market will be, now is the time to wait and see what happens :)

This pair is extremely exhausted and deserves a nice bearish move downwards. But then again the market don´t care what you think, that´s the beauty of it ;) We just have to use what it gives us ! :)

Safe trading guys! :)

-ST
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