With the recent better economy outlook for Aussie Dollar, and Oil prices dropping again after Opec+ meeting, I expect Loonie to drop on value.
On Tuesday, depending on the gap of the opening, I will be monitoring this price action:
If the geometry stays intact I expect a short pullback of 1:1 to 50% of the last retracement, and then the price continuing uptrend to reach the previous High from 9th of March.
There I will evaluate.
On Tuesday, depending on the gap of the opening, I will be monitoring this price action:
If the geometry stays intact I expect a short pullback of 1:1 to 50% of the last retracement, and then the price continuing uptrend to reach the previous High from 9th of March.
There I will evaluate.