AdrianBrechko

USDCAD Two possible ways

AdrianBrechko Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
There are Two possible ways for me in this pair.
1) we can try to do new high
2) We can go back to the flat
Now we in support area. So i'll been watching...

Comment:
If we go out of the area clean, or make a re-test on the boundary of the area, We can begin to consider short.
Comment:
As for me, I think that Uncertainty are still continues
Today we have Impotant news- Crude Oil Inventories.
Canadian is an oil currency. We must wait for the news. If Brent starts to grow, then the Canadian in the pair will show a decline. If Brent continues to fall, we will see continued growth in this pair
Comment:
I think we can do new local high in few days but im not trading this pair. bullish mood is very strong
Comment:
We almost came to a new high
Comment:
It seems that this pair did not have time to update the high before the Fed's release.
I think to start Looking for a short
While I'm still waiting for a good formation. Re-test or securing below the zone
Comment:
If there is a breakout of the flag, it will be a good setup for sales
Comment:
If we will see a new re-test,than new channel will be formed
Comment:
Still bearish
Comment:
Breakdown support is a potential flag
Trade active:
Trade active
Trade active:
We have a price corridor. The mood is bearish
Comment:

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