USD/CAD Analysis Aug, 2018

This will be my views of USD/CAD Pairs Aug 2018.


Please make sure to read the "update" comment as there will be changes along the way.
You are welcome to "Like" and "Comment".

Cheers.

S0nic

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Comment:

Updated View on USD/CAD (14 Aug)

With the rise of USD, and potential fall of Oil, USDCAD should rise further.

EP 1.3065
SL 1.2930

TP1 1.3288
TP2 1.3345

Comment:

Update on UCAD 17 Aug.

I am expecting more CAD weakness ahead (Thus Upside on USD/CAD). We have CAD news later on today.
Now watch 1.317 resistant regions. It should break out UP.

I am with BULL bias for now.

Comment:

Update on UCAD 20 Aug.

It has met a strong resistant on last Friday near 1.313 level.
It may 'swing a little' lower till it get support again.

I am not bear bias just yet and expect the swing UP will occur soon.

Trade closed: target reached:

Update on UCAD 4 Sept 2018.

Hit our TP.
We are out with good profit.