USD/CAD held 25% retracement well means that sellers are in control, found resistance around 1.09000 area.
News from Canada on Building permits were below consensus.
Moving averages curling down. I am looking for potential breakdown of 1.08732 low. Consider SHORT opportunities here. I am trying to find clues before breakdown as it could be difficult to trade it after the fact of breakdown because of potential lack of follow through after such a big move from 1.09800
News from Canada on Building permits were below consensus.
Moving averages curling down. I am looking for potential breakdown of 1.08732 low. Consider SHORT opportunities here. I am trying to find clues before breakdown as it could be difficult to trade it after the fact of breakdown because of potential lack of follow through after such a big move from 1.09800
