Oil prices bumping up, recent geopolitical crisis
Look at CXY (Canadian dollar index) prices seem to be off major demand zone
Looking to revisit broken upward sloping trend line
Short from 1.34 potentially
Wait for price action to confirm
aud/cad was in a bearish channel while testing resistance as well. Hoping price will go lower.
Price has already broke the ascending trendline and ma's have crossed over in the 4hr/1hr timeframe so get ready to start placing trades.