Re: CAD news
111The sideways consolidation continues developing, hopefully fundamentals will end it by the end of the week.
Re: CAD news
112The move north finally continued and USD/CAD is back at 1.3150. The pair remains very bullish, let's see whether it will rise to 1.3200 too.
Re: CAD news
113mlawson71 wrote: Thu Jan 23, 2020 11:29 pm The move north finally continued and USD/CAD is back at 1.3150. The pair remains very bullish, let's see whether it will rise to 1.3200 too.
"Only the price on the chart can show the entrance to the deal..."
Re: CAD news
114It reached 1.3170 and formed a rather impressive shooting star candlestick there on the daily time-frame, let's see whether that will be the end of the current rally.
Re: CAD news
115So far the pair remains bullish but it is yet to break out above 1.3170. Whether it will even do that remains to be seen consideiring the shooting star candlestick on the daily time-frame.
Re: CAD news
116The move north continues despite the shooting star candlestick at 1.3125, by the looks of it the pair will soon reach 1.3200.
Re: CAD news
117The pair did reach 1.3200 and remains bullish, I think next target is around 1.3230 - 1.3240.
Re: CAD news
118It found some resistance at 1.3200 but it is still bullish so I think we will see a breakout above that level eventually.
Re: CAD news
120USD/CAD remains bullish though it is yet to reach the target at 1.3270 which it may not do this week.
