FX:USDCAD   U.S. Dollar / Canadian Dollar
Notice how price had moved higher neutralizing the weak shorts and finding resistance at Previous year Equilibrium. If i am reading the market correctly, Market structure has broken to the low side. Any move higher into the green box is a false move to trap all the sell stops resting at swing points. I will hunt for sell at the green box and scale off position at swing points (x) and trail stops until range low area.
Mar 12
Comment: News : May experience volatility !!

Dollar: CPI m/m
Core CP m/m
Cad: BOC Gov Poloz speaks
Is the cad poised to go lower?
Reply
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