USDCAD

This trade is trading in a ranging marketing structure. Currency the market is in a retracement when considering the Higher Time Frames. This trade can exsist for quiet some time. However in the condition and structure it is in now it is best to trade using range bound rules.= Buy at support : Sell at Resistance. However watch out for the breakout!! This is pure Technical decision making. I currently discovered USD is inflating chinese goods however the federal reserve is cutting interest. I personally feel USD is just a much stronger economy compared to CAD due to geographical Factors and amount of capital floating around. However lets not forget USD do make up all the majors so come on its common sence lol!