> Daily uptrend broken.
> Bank of Canada kept rates strengthening the CAD even more.
> Pull back to retest the broken trend line hasn't happen on the Daily yet meaning that a big pull back it's expected from the next daily candle to the up side towards 1.32353
> Once the pullback it's done, place a sell order upon confirmation of down trend continuation below - 1.32353 with TP - 1.27989 For a Swing against the Greenback (USD)
> Bank of Canada kept rates strengthening the CAD even more.
> Pull back to retest the broken trend line hasn't happen on the Daily yet meaning that a big pull back it's expected from the next daily candle to the up side towards 1.32353
> Once the pullback it's done, place a sell order upon confirmation of down trend continuation below - 1.32353 with TP - 1.27989 For a Swing against the Greenback (USD)
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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.