I would like to see price maintain bellow 0.9300 in order for me to consider this pair bearish.
After price maintaining around 90.40 for 3 days I expect to make a Higher High. I f we break bellow 90.00 I would consider this trade invalid for me.
After being unable to break 82.00 I am bearish on this pair and looking to enter as a possible swing to the downside. Could change due to CAD Unemployment rates
Will be looking for a new Lower High to take advantage of this forming bearish market structure
After a long push to the downside we see that it is getting closer to 1.600 which has been respected and possible third touch to the uptrend. Will look for a rejection looking for buys but if broken will continue to look for sells
I am looking for buys after strong push to the upside, after that we can see how price retraced to fib level 78.6 adding another confluence being close to a key price .9000
Looking for a rejection around 109.00 to form a new lower low.
After strong push to the downside we can now say that the pullback(Lowe High) is coming to an end looking for the new Lower Lower Confluences: 61.8% Fib -Trendline (2 touches waiting for it to respect 3rd time making it a stronger trendline) -Price action ( .9940)
Great area looking for sell Confluences : great area of resistances clear price action (.9015) trend line