And there it goes again. I'm liking the soft dollar however recent events in Canada could also spark weakness in the CAD. I will continue to monitor this pair as it seek to move close to the Fib of the current move to the downside. Event Risk Thursday, May 12, 2016 07:30 USD Export Price Index (MoM) (Apr) 0.1% 0.0% 07:30 USD Import Price Index (MoM)...
Looking at the daily time-frame for cadchf , we can see that the pair is making a lower lows then a bullish correction . We have 2 fibs extension and inversion that comes @0.75585 and an abcd pattern completion + a bat pattern . Is this the end of the bullish trend !!!
Longer Time Frame - still Bearish! www.facebook.com
Berish Cypher and Bat completion let take both when complete 1:1 Risk to Reward