Here we have USDCAD.. anticpated the sell off
earlier this week but the bulls took over
but now I think it is time
The yellow trendline represents the DAILY TF
break in structure. I anticipate a small retracement and
then the drop as we have a nice area that can become supply
Early this week i saw bullish flag pattern on the weekly TF, then i knew the price would move within the channel. right now the price is moving downward.
The idea shared is an analysis of EurUsd for a mid term swing.
Fundamentally, The Usd has shown strength owing to the recently released
NFP reports. Next week will usher a series of News releases which hopefully will
further boost investor confidence in the US economy.
Sentimentally, As Europe experiences hard economic sanctions as a result of Russia's...