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asianfx
Apr 25, 2017 5:08 AM

USDCAD / Loonie Approaching Weekly Resistance. Will Bear Awake?  

U.S. DOLLAR / CANADIAN DOLLARICE

Description

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.

Comment

Bulls Control

Trade closed: target reached

Comments
dallasgunns777
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.
asianfx
@dallasgunns777, Bull taking all control
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