Price has reached my strong resist zone, a nice pull back down towards the support level should occur in the coming days.
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As expected, Price retreated strongly after NFP news release.
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You are welcome to join me at my Investment Page in Facebook here if you interested for my market forecast.
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My previous Forecast for this pair:
USD/CAD - 26 July to 26 Aug. 2016
www.facebook.com/media/set/?set=a.1764...
USD/CAD - 26 July to 26 Aug. 2016
www.facebook.com/media/set/?set=a.1764...
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Price reached my support level and rebound
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Here is the screen shot of the trade. after touching the support level.
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Price drop to support level and started to see a possible rebound coming.
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As expected, rebound from support level has push price back up to the resist zone one more time, be careful this time the zone could have been weaken.
