Profound_Ambition

USDCAD DAILY analysis

Profound_Ambition Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
overall we are still in a downtrend making lower lows & lower highs however price broke a key level & is currently above support, I will be looking for a bearish engulfing to go short or a break of the counter trend line / retest of fib level as well to indicate long. I will let the market settle so I can get a better insight of strength throughout the week. Confirmation needed indeed!

Trade with care : )
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