seeing the gap created on friday on the interest rate news release, we might see a move downward to fill the liquidity void..
then a move upside to continue the long term trend and a gap left on the daily time frame.
We should see some bearish movements here...
A bearish orderblock and a gap... which the market will look to fill... if we get a close below, we should see some shorting opportunity
There is a good head and shoulder formation around here... both on 1h and 4h Time frame... we should be looking to go short but no so quick as there is some CAD news coming on soon... and they are important...
The pair is in a great level right now... and a pin bar sported around the resistance on the 1h chart...
A reversal is possible as we should look forward to shorting the market here