this is my long term usd/cad analysis.usd currency has positive fundamental data and like to more bullish further.why i enter this trade,because this is monthly big support level and weekly chart has nice bullish engulf and this week price open below the previous week open price.
today AUD trade balance positive and price moved up.fibo 38.2 level and touch 50 4hr moving average.sellers potential is higher that area.seems to be we are in 4th wave.
NZD USD daily chart made a pin bar in previous resistance area.
AUD USD going up risk management 1:1 ratio setup goodluck
DXY still dropping.it has to complete waves.usd chf will drop im in short position.
Ascending Triangle found 4 hr chart next day this pair will go up.
if line break we can consider usd chf will go up.it means we entered 5 Elliot wave.try to buy.
now we are in 3rd impluse Wave.it go long with corrections try to buy it.good luck.if you have any idea tell me.