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USDCAD: Tight Range to Upside Expansion
已更新
USDCAD is trading in a tight range near 50% of the larger range as measured from the old high and old low. Price is also currently in the middle of the tight range. I am inclined to see USDCAD breakout from the range to the upside.
註釋
Despite the DXY rally, USDCAD is being held in consolidation. Interesting, looks like it wants to spring up.註釋
Target 1 and target 2 reached. Final target I am looking at is the old High at 1.2964 level. Timing of the move is very close to my prediction.手動結束交易
Trade idea has been invalidated after the price action closed below the tight range. two of three targets hit.
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