USDCAD continues to rise the Mexico trade deal is moving forward with Canada. Look closely for a short entry, in the scenario that Canada does pull through to a trade deal.
Scenario One (Bearish Reversal): Price rejects a bearish breakout.
Scenario Two (Bullish Breakout): Price breaks key resistance level. Look for a move to the topside of the bullish channel.
Scenario One (Bearish Reversal): Price rejects a bearish breakout.
Scenario Two (Bullish Breakout): Price breaks key resistance level. Look for a move to the topside of the bullish channel.