On Wednesday April 24 the Bank of Canada will be releasing their short term interest rates
I will be paying attention to price in the days prior to the news release.
Be patience and let the institutions give you clues as to their true intention!
Some nice pending setups on this pair and I will be trading it this week.
Stay safe with your stops ;)
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I will NOT be immediately placing a pending sell limit order on the scenario displayed on the chart at market open. I have set up an alert to notify me when the current "resistance" is traded through.
Trading with real money involves risk, and im not a financial adviser.
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Trade set up a bit different however very nice reaction off the indicated price area