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USDCAD is offering relative aggressive trade with entry at current levels based on consecutive shooting stars at resistance levels. Accompanied with negative GDP readings from last week we might see next few days in bearish tone approaching 1.22 level.
I closed position from 18.5.2015 in profit and entered into short-term bearish trend I expect to develop.
Traget is 1.22 where I would rejoin bullish long term view unless fundamentals change.
USDCAD is offering relative aggressive trade with entry at current levels based on consecutive shooting stars at resistance levels. Accompanied with negative GDP readings from last week we might see next few days in bearish tone approaching 1.22 level.
I closed position from 18.5.2015 in profit and entered into short-term bearish trend I expect to develop.
Traget is 1.22 where I would rejoin bullish long term view unless fundamentals change.
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