As expected we saw that short term spike (CAD weakness) following from the CAD news.
We’ve now retested 1.4900 and we anticipate the CAD bulls to step in soon…..
I was looking at selling this pair from here around 1.4900, but climbed higher and are now seeing the rejection of the 78.6% Fibonacci.
Target - 1.4700
Called this EURO weakness back on Sunday :D
We’ve now retested 1.4900 and we anticipate the CAD bulls to step in soon…..
I was looking at selling this pair from here around 1.4900, but climbed higher and are now seeing the rejection of the 78.6% Fibonacci.
Target - 1.4700
Called this EURO weakness back on Sunday :D
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.