OVerall
On week 6 USD was toughest among all currencies.
Also USDCAD shows signs of healthu uptrend.
For week 7 I think bullish, but have doubts due to Price closed below Daily SR.
Weekly
Uptrend, price below strong SR. Probably retest and UP
Daily
Price above strong SL level, strong momentum
4H
range, signs of seller market.
Probably it will be some kind of indecision.
Due to DXY strength i expect Uptrend for USD CAD. Lets check.
Entry LONG from 1.33000
TP 1.35600
SL 1.32000
RR 2.5
On week 6 USD was toughest among all currencies.
Also USDCAD shows signs of healthu uptrend.
For week 7 I think bullish, but have doubts due to Price closed below Daily SR.
Weekly
Uptrend, price below strong SR. Probably retest and UP
Daily
Price above strong SL level, strong momentum
4H
range, signs of seller market.
Probably it will be some kind of indecision.
Due to DXY strength i expect Uptrend for USD CAD. Lets check.
Entry LONG from 1.33000
TP 1.35600
SL 1.32000
RR 2.5
