mrfalvo

USDCAD projection

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
I believe a big move is coming for USDCAD, I'd like to see what it does if it reaches the 1.33458 - red box range.. I like it as a target with all the liquidity around that range. I believe whether USDCAD wants to go higher or lower in the longterm there is a decent likelyhood that it sweeps the liquidity at 1.30180 first.

Also: Monthly "potential" distribution, along with trend leads me believe that long term the likelihood is down.

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