asianfx

USDCAD / Loonie Approaching Weekly Resistance. Will Bear Awake?

FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
The Loonie *USDCAD exploded higher again last week. Very strong Uptrend. Currently Approaching the Weekly Resistance around price 1.35800. Will the Bull continue taking control? We shall watch the Price Action react on the Weekly Resistance in order to take any entry.
Apr 26
Comment: Bulls Control
May 11
Trade closed: target reached

Comments

US is imposing tariffs on Canadian lumber. Also talking about tariffs on Canadian milk/. got the market spooked. Plus oil is lower. Once everyone realizes its not that big of a deal, bear will show up.
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asianfx dallasgunns777
@dallasgunns777, Bull taking all control
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