The USDCAD is the final stages of a major consolidation on the daily time frame.
However I think we will see another test of 1.33 and likely a break. Short term I will be looking for the end of this bullish impulse of lesser degree. If that turns out to be a consolidation I will look for a buy once that consolidation is over. However be careful and wait for a clear set-up because the bears are gaining strength.
Updates will follow.
However I think we will see another test of 1.33 and likely a break. Short term I will be looking for the end of this bullish impulse of lesser degree. If that turns out to be a consolidation I will look for a buy once that consolidation is over. However be careful and wait for a clear set-up because the bears are gaining strength.
Updates will follow.
