Technician
Short

USDCAD Bearish Gartley Near Channel Ceiling

FX:USDCAD   U.S. Dollar/Canadian Dollar
264 4 1
Update: First target hit, moved stop to break-even,stopped at break-even.
Profit/loss(pips)=60

The NFP is due, a major move either higher or lower is expected, ill take a bearish aim on the USDCAD             as price completes around 1.0475, making it an ideal one. The resistance of the main descending channel should hold for the setup to remain intact.
We are finally LIVE https://thefxchannel.com
I am also on the side of selling USD...
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Surprisingly Strong Jobs number pushes it higher :(
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brecalgary Technician
what about now? on the 4hr chart it is up trending. but on daily chart, I see 1.0491 as a break out point
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Technician TOP brecalgary
Overall trend remains sideways for me , there is also some key resistance levels at 1.0500 and 1.0520
snapshot

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