USDCAD has almost completed a bearish butterfly I would sit my hands before going short on this one as price has not fully reached the 1.27 yet with a possible push to the 1.618 level.
Price has reached a resistance zone however in line with 1.27 extension level
Price has reached a resistance zone however in line with 1.27 extension level
Comment:
This is a counter trend trade, if you look on the weekly you see its starting it turning point to the up side. Take profits at key fib levels
Comment:
You can price turned right it should
