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CryptoPAMM
Mar 6, 2015 12:27 PM

USDCAD CALM BEFORE THE STORM Short

U.S. Dollar/Canadian DollarFXCM

Description

USDCAD is trading within a descending triangle where not touch of our trendline has been found yet. Therefore I believe at least a test of the uptrend trendline will be seen with the potential decline. Multiple, clear bounce of our fib resistance confirms this scenario. Target area 1.215
Comments
IceTrading
The logic is there but the market disagreed, nice chart , 1up
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