Minor retrace before bullish to 118?
For the past 2 week, USDCAD has been rallying and 5 waves looks nearly completed. Will it end with with retracement at 1.35663?
With Dollar index supported at 100, will Eur break downwards on this rising wedge?
Likely to test 101.25 resistance this week.. Will it break higher than 101.8?
Guess it could be dollar bulls next week with bullish Engulfing with thick cloud support on USD/JPY. High volatility expected on Friday. I'll buy if dollar is sold below 113.65.
Thick cloud support with a bright future on the ichimoku cloud for the USD. There is also a Bullish Harami formation last 2 days. It seemed to have found support 100-100.5.
Waiting for downtrend retracement before I can get back to CAD & JPY
Short USD/JPY. Yesterday broke 116.1 support, could it be start of USD retracement?