USD/CAD is breaking through the ascending trend line right now.
This is looking like a great short. Im personally going to wait for a retest of the trend line before entering this trade.
If we retest and the trend line holds as resistance then I believe 1.32 will be met very quickly, I feel long term we could be seeing this pair come all the way down to 1.28
Let me know what you think!
This is looking like a great short. Im personally going to wait for a retest of the trend line before entering this trade.
If we retest and the trend line holds as resistance then I believe 1.32 will be met very quickly, I feel long term we could be seeing this pair come all the way down to 1.28
Let me know what you think!
