USD CAD IS SHOWING US ONE MORE DOWN MOVE TO COMPLETE THE CONTINUATION PATTERN. BUT AGAIN BE CAREFUL BECAUSE WE ARE AHEAD FOR FOMC NEWS NEXT WEEK.
Comment:
PRICE IS FORMING A REVERSAL PATTERN. SO, IF YOU ARE IN, LOOK FOR PRICE ACTION AT THE LOWER TRENDLINE OF THE PATTERN TO BREAKOUT. IF YOU ARE NOT IN, WATCH ONE MORE MOVE UP TO TAKE A SELL.