USDCAD has been consolidating for a few days now - Its ready to breakout and can go either way, but my overall view on this is bearish (going with midterm momentum) and expecting to hit further lows. If it breaks upside (above the last high 127 area) I'll be looking for further downside setups. low side down to 115 at least.
Break below 1st target 125400 area. There will be pullbacks so there will be plenty of opps to enter.
Break below 1st target 125400 area. There will be pullbacks so there will be plenty of opps to enter.
Comment:
we got the breakout and now heading in the right direction and 1st target hit. look for pullbacks now to enter for further downside