USDCAD is on a key level now, trying to g through third time to higher prices. We broke through the 200-EMA line, so there is potential for a bullish move. Red color is the advancement of bearish moves and blue is therefore for bullish moves. This is how I see what the next moves of the market will be, now is the time to wait and see what happens :)
This pair is extremely exhausted and deserves a nice bearish move downwards. But then again the market don´t care what you think, that´s the beauty of it ;) We just have to use what it gives us ! :)
Safe trading guys! :)
-ST
This pair is extremely exhausted and deserves a nice bearish move downwards. But then again the market don´t care what you think, that´s the beauty of it ;) We just have to use what it gives us ! :)
Safe trading guys! :)
-ST