Daily TF
Fundamentals suggest bearish trend
Mon 3pm USD industry expansion forecast positive
By Wed 3pm USD showing more industry expansion.
Fri 1.30pm CAD employment rate & USD NFP
1) 3 touches of trend line already
2) EMA showing resistance
3) Strong psych level with prev resistance
4) LL, LH, LL, LH, LL bearish structure
5) Descending triangle
6) look for candlestick rejection
Fundamentals suggest bearish trend
Mon 3pm USD industry expansion forecast positive
By Wed 3pm USD showing more industry expansion.
Fri 1.30pm CAD employment rate & USD NFP
1) 3 touches of trend line already
2) EMA showing resistance
3) Strong psych level with prev resistance
4) LL, LH, LL, LH, LL bearish structure
5) Descending triangle
6) look for candlestick rejection