USD/CAD - Deciding the direction

Fundamentals of yesterday perfectly broke the 1.29 level. After the break there was a visible consolidation; during the US session this day we might see a move, with CAD GDP on the agenda.

If it moves below 1.2830, bearish outlook.
If it moves above 1.29, bullish outlook

Take a look at yesterdays USD/CAD setup:

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Testing the structure now

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Looks like its going bearish

ออเดอร์ถูกยกเลิก:

Fake breakout: The fundamental risk of CAD GDP pushed this up.