structuredtrader

USDCAD getting ready for different big picture scenarios

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Pretty simple, we're wedging at an important level. This is NOT a gimme setup because we're not really trending yet.

Let's watch for buildup at the level and see if we get naked attacks vs buildups....we'll have a better clue as to what's going to happen. Updates to follow!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.