Yesterdays entry didn't take place, too much buyer momentum -- With the strong buyer presence has the potential to reach 1.725 or 1.750. Look for retracement into and rejection from either of the yellow zones for entry points. First target at 1.700 to 1.7075.
1H & M15 CTL Watch for break and retest on these TFS TARGET - 133.75 Proceed with caution, price may correct to 131.25 before next push
Strong buyer presence shows potential to reach 1.725 or 1.750. Look for retracement into and rejection from either of the yellow zones for entry points.
Another trade against daily timeframe trend. See notes on charts.
Despite being in a strong trend downwards, exhaustion emplies it is due for a small correction to the upside, potentially as far as back 1.250 before continuing down to below 1.200 Look for break and retest of the yellow CTL level to enter long for COUNTER TREND trade. PROCEED WITH CAUTION
USDCAD has the potential for a short term long trade back up to 1.2300, however price remains in an overall downtrend so approach with caution