HELLO ALL,
USDCAD BROKE OUT LOWER FROM THE 1.3845 - 1.3880 DAILY SUPPORT LEVEL AND HAS MOVED LOWER. DAILY CLOSED WITH WHAT LOOKS TO BE A BULLISH SPINNING TOP CANDLESTICK POSSIBLY SIGNALING A RETRACE THIS WEEK. THE 4HR CHART FIB TO .50 SHOWS THAT THE RETRACE HAS BEGUN THUS CONFIRMING THE SPINNING TOP ON DAILY. FOR THIS WEEK KEEP AN EYE OUT ON THE RETRACE AND LOOK FOR THE PAIR TO PUSH LOWER IN THE NEAR FUTURE. GOOD LUCK TO ALL AND KEEP AN EYE OUT ON PRICE ACTION AND FUNDAMENTALS.
IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND IDEAS, THANK YOU!
USDCAD BROKE OUT LOWER FROM THE 1.3845 - 1.3880 DAILY SUPPORT LEVEL AND HAS MOVED LOWER. DAILY CLOSED WITH WHAT LOOKS TO BE A BULLISH SPINNING TOP CANDLESTICK POSSIBLY SIGNALING A RETRACE THIS WEEK. THE 4HR CHART FIB TO .50 SHOWS THAT THE RETRACE HAS BEGUN THUS CONFIRMING THE SPINNING TOP ON DAILY. FOR THIS WEEK KEEP AN EYE OUT ON THE RETRACE AND LOOK FOR THE PAIR TO PUSH LOWER IN THE NEAR FUTURE. GOOD LUCK TO ALL AND KEEP AN EYE OUT ON PRICE ACTION AND FUNDAMENTALS.
IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND IDEAS, THANK YOU!
