CAD big opportunity!Here is my analysis on the canadian dollar .
A very nice movement to take.
we have the break of the trendline (0.70850) and the pullback.
1st level 0.71860 then direction 0.7330
BE CAREFUL , I love the support trend too, if it's going lower than 0.70375 be careful.
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MCD1! trade ideas
Canadian Forex Analysislooking at the daily chart of the canadian futures index (D61!) price is at daily supply so any shorts would be counter trend based on the index chart but maybe not on the pairs.
June Canadian Dollar Three DrivesWe may have a Three Drives scenario with Jun CAD. USD was looking like a Head and Shoulders this past two weeks. CAD caught in sideways action. S1 at .74545 would become support for this move. Could also use S2 at.74090. Will have to wait and see.