The USDCAD is giving bearish signal, so for the perspective o the news and datas to be release we expect still falling to the area of 1.3400 then to expect pullback to 1.35600.
in this trade my personal idea is
entry point buy entry in 1.34000
stop loss in 1.33000
TAKE Profit in 1.35600
Week Forecast 18-23 of December.
As being close of the end of year we can expect less volatility, so the expectation is that the EURUSD will keep in the horizontal zone, giving opportunity to wait to reach support line in 1.05083 giving opportunity for a pullback to the horizontal zone and possible break up to 1.0800.
Be aware of the breakdown zone in 1.04000...
