European sessions should drive this pair up into the order block. This is priming sell orders for US institutional traders. Most likely the move down will happen at the start of the US session as these are North American currencies.
Big Picture View We are currently looking at institutional money sitting at these pockets on the CAD index.
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.
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.