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danresdidualfx

USD/CAD analysis: trade setup

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USA-dollar/Kanadensisk dollar (OANDA:USDCAD)  
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OANDA:USDCAD   USA-dollar/Kanadensisk dollar
Trend Analysis Technical Indicators Chart Patterns technical Technical Analysis trend reversal Fibonacci Retracement
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trendanalysis indicator chartpattern technical technicalanalysis trend reversal fibonacciretracement
excuse the late post, but there are CAD interest rate projection talks which are running in play, I suspected that rates would remain the same due to the global slowdown currently going on. From a technical perspective, a 3rd drive could be made as a new lower high around the 1.3200 region in which is confluence with the 61.8% fib and the trendline.
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SL was moved to breakeven, weakness of the dollar is too dominant
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