


hercule5000
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0Joined Mar 6, 2018
chartpattern
daily
fed
hike
trendanalysis
usdcad
weekly
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A new higher high has been reached during the current session. 1.2815 new support. TP1 @1.30
2
It's kinda obvious for me that the USD will dominate CAD during the following months. With the increasing probability of 4 rate hikes from the FED and sluggish oil prices, I see nothing but weakness from CAD. Long term trendline approching, placed short entry at 1.32, SL at 1.33, TP at 1.28 (old resistance now found as support). Since the long term trendline...
1
Nice shooting star on weekly. Rejected at 1.3, feels like false break. Weekly trend still down in my opinion.
1
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