Hello traders,
let’s hit them charts:
1. USD/CAD
Finally USD/CAD is done with its pullback. The bears are back in the market.
All we have to do now is wait and see if we still get this clean breakout from the daily candlestick close. If so, we can then join the sellers and ride price to NPSZ
2. CAD/JPY
There was a slight retracement on the CAD/JPY, after closing with a strong bullish candlestick last week
The pullback is over, as we can see price clearly break the previous high and resistance zone. If this is maintained at the close of the daily candlestick, then Thursday may gift us 80 to 100 pips riding price with the bulls
What say you?
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