This looks like a good place to short the USD/CAD again:
1)Hitting long term downward trendline
2)50 day MA just above at 1.0709
3)61.8% fib retracement right above at 1.06943
This offers a good risk/reward trade should the US$ weaken here after its nice bounce off the lows last week.
1)Hitting long term downward trendline
2)50 day MA just above at 1.0709
3)61.8% fib retracement right above at 1.06943
This offers a good risk/reward trade should the US$ weaken here after its nice bounce off the lows last week.
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