weekly outlook (DXY host USD/CAD)hey guys
just a general idea on the oil price, this week we found out that the oil prices are falling which is bad for the Canadian dollar. Canada ranks 1st in the production of oil. So this might weak the Canadian dollar for a Micro trend which is now heading north. Hopefully i think you guys caught the big move last week on the USD/CAD as it was shown on my previous analysis.So here again we are waiting for some dips to enter the market & on the flip side we are waiting for price action to confirm our entry. Look for the price action on the lower time frame to catch the big moves because the markets will give you many opportunities ,grab the ideal one instead of loosing on this. i hope the scenario is clear for you guys.
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