*Weekly Closed On 24/4/2017 : Strong Rejection when the price reached 1.3800 When we narrow down to Daily time frame , we can observe that Bull & Bear Congested in between 1.37500 ~1.36500 There is 50% ~ 50 % USDCAD may continue the uptrend or selling pressure push the price to downside
For my point of view , if the price play in below 1.3800 i'll try a shot for SHORT position.
In the fundamental view in geopolitics , North Korea had launched ballistic missile. Tension raise and US dollar MAYBE get impact on it ..
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.