Monday, November 14, 2016

Intra_day Analysis: Will Usdcad bullish run weaken for the bears?

There are very strong indications, from a technical view that price will soon resume downside soon

Price is about completing a long term corrective double zigzag pattern. How I love looking for complete Elliott wave patterns at a strong confluence point using other technical forecasting tools and spotting weakness with different tools.

Usdcad may dip from 1.36. What we are left with is identifying the emerging terminating pattern that will give a strong case for our bearish decision.

Our Currency Forecast telegram Channel will handle that.

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