SBForex
Short

USD/CAD bullish weekly close, potential triple top

FX_IDC:USDCAD   US DOLLAR / CANADIAN DOLLAR
This chart is really interesting. USD/CAD             faked out of this weekly trendline , with CAD weakening as BOC             stated they are leaving the door open to near term rate cuts. This could see continued CAD weakness in the coming week and lead to prices testing the key 1.3580 level to the upside. Our overall bias is still short so we see a triple top forming at the .50 retracement, but this could present opportunities for intra-day buys.
agreed :)
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