LCFXpro

USDCAD BATTLE OF THE WEEK! BULL OR BEAR?

FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
I've been watching this pair for sometimes, seems like this week will be the penultimate move as the price now consolidate in downward sloping channel as well as heading toward the daily ascending trendline. i will look for buy signal if bull can bounce & break above downward sloping channel or i will look for sell signal if bear can break the ascending trendline. before i see any evidence of any move that i mention i will stay in the sideline.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.