USDCAD went as we predicted last week. I hope you guys caught it. for now, we see that the price broke the support 1.2800 we are looking for either a retest and then we go for a long position ( as the daily and the weekly are in a up trend ) or it will a be false breakeout and it will retest the previous level and goes down.
USDCAD is not in a trading zone. waiting to touch the support and either respect it and go up or break it and continue the downtrend weekly : down trend daily started to show an up trend
GJ possible senarios weekly H&S Daily and weekly support can trigger a correction or if it will break it will be a good entry for short