AlexHillFX

USDCAD 2 Potential Scenarios

FX:USDCAD   U.S. Dollar / Canadian Dollar
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UC Potential Plays

Bias for USDCAD for me remains Bullish .
Key level of 1.35 is very well respected and there are two scenarios. Which is not helpful!

Scenario 1 - Pair opens Sunday and has a nice close for Monday above 1.35 and I believe we can see upside to make a new HH which would be around 1.38 at a key weekly level!

Scenario 2 - Pair opens Sunday and closes below the important level which is around 30 pips downside. If this happens I believe we will see downside to 1.32 again.
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