USDCAD 240

2 apr 2018

USDCAD on the H4 for the Intermediate shows a normal structure with an expected move to the upside before we look for a trade to the bottom of the channel. Of course Dixie (DXY) is going down, but until it's ready, many will confuse this in evaluating the structures that are current. Looking for a move up in the interm and ultimately down to a bottom. The large future trade will be impulse to the upside after the correction. We'll update the structures and projections as they present themselves. Cheers!