Watching for a shorting Opportunity around the 1.527 area. Reasons - Prior Resistance, 2.61 Fib extension, top of rising wedge channel.
We could a strong push to there on tomorrow's BOC interest rate decision then a swift drop after the OPEC meeting (where OIL production will continue to be cut to drive up oil prices - which is good for the CAD).
A more conservative approach would be a sell on the break down of the ascending triangle. GL
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trade active
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Cambista
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Hi, how do you draw those future candles ??--Nice..
djl317
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@Cambista, There's an option called 'ghost feed' in the charting tools, cheers!