USDCAD
We are starting to see signs of momentum slowing down. Support levels set with next week/next months plans in place for a return to lows if key level is broken. Given the current economic conditions, we cannot rule out a possible bull rally.
The greenback is looking strong but it approaching some levels of resistance and should see tests of the highs in either today's price action or early into next months trading.
- To be a bear - Wit for a break of resistance and scalp and entry to return to the lows.
- To be a bull - Hold for the test of support and keep eyes on the break of falling resistance and breakouts.