U.S. Dollar/Canadian Dollar it's look into this bullish channel and right now the price it's into this bearish movement that could to reach to $1.2618 CAD approx just shorting this par.
This it's my Daily perspective.
Right now, I see a zig zag movement that first we could to long in this gray zone and then sell in the resistance grey zone that I show in these arrow models.
But I will going to still pending this opportunity to long USD/CAD around $1.2855 CAD to $1.2940 CAD. But remember, on Thrustday we have an important news in Euro and U.S. Dollar
Euro to watch the interest rate and U.S. Dollar to watch the initial jobless claims.
I wil lconsider this idea neutral until I see a reacton of bullish sentiment in the gray zone.
I will going to analyze another Forex par soon.
This it's my Daily perspective.
Right now, I see a zig zag movement that first we could to long in this gray zone and then sell in the resistance grey zone that I show in these arrow models.
But I will going to still pending this opportunity to long USD/CAD around $1.2855 CAD to $1.2940 CAD. But remember, on Thrustday we have an important news in Euro and U.S. Dollar
Euro to watch the interest rate and U.S. Dollar to watch the initial jobless claims.
I wil lconsider this idea neutral until I see a reacton of bullish sentiment in the gray zone.
I will going to analyze another Forex par soon.
