USDCAD

LONG USDCAD SETUP ON A PULLBACK TO THE TRENDLINE AND PREVIOUS RESISTANCE NOW SUPPORT.

More upside to come for USDCAD as USD strengthening across the board on positive US Data and expectations of FED tapering sooner than expected. USDCAD is great candidate for a nice USD bounce because of how oversold it is and price being supported by a multi year demand zone.

USDCAD HAS BEEN HAMMERED AND AS YOU SEE ON THE MONTHLY BEEN IN THE ONE STEEP DOWNTREND NOW WE ARE AT THE RANGE SUPPORTI THINK AT LEAST A TEMPORARY RELIEF RALLY MIGHT ENSUE WITH PROFIT TAKING BY SHORTS WHO RODE IT ALL THE WAY DOWN

USDCAD finally entering YEARLY support zone which should at least produce a temporarily bounce

INSIDE HUGE RANGE1.46-1.2050Breakdown of 1.2050 makes it a double top which opens up parity!If price decided to bounce from 1.2050 area bullish momentum should be boughtto trade the range!

INSIDE HUGE RANGE1.46-1.2050Breakdown of 1.2050 makes it a double top which opens up parity!If price decided to bounce from 1.2050 area bullish momentum should be boughtto trade the range!

4HR / 1HR targets 382 at 1.3215 area ||| bounced off rising TL support

maybe a shorting opportunity there?

$USDCAD WEEKLY at a juncture, lets see which scenario plays out, lets see if we sell at the 618 and weekly trend line or breakout.

$USDCAD 4HR buy triangle breakout if happens to the upside

Buy stop 4hr candle top for a long, probably best to wait till sunday/monday to minimize end of the day friday/weekend risk.

$USDCAD 4hr buystop trade, best executed next week though to minimize weekend news risk.

Long at market

Buy at market small and then add at the major breakout!

Long after a pullback its breaking out.

Long USDCAD in EU Open and close above the neckline.

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