USDCAD (4HOUR) DAILY BREAK OF CRITICAL POINT

11 Ağu 2016

Increased downward momentum following break of up trend,

confirmed with a divergence of stochastics,

as well as what likes like a progressive downward spiral confirmed with MA's.

Following a bounce of critical monthly level.

Short stops in place with a reward/ risk 4:1.

Expecting large movements for the coming week.

18 Ağu 2016

Not

Target 2 reached, looking for further movements to target 3.

15 Eyl 2016

Not

We can see how this pair is moving.

Bounce off critical level as well as retesting trend line. Continuation to the downside expected.