USD/CAD crashes

12 giu 2017

BoC's Wilkins hints at first rate hike in 7 years

13 giu 2017

Nota

UCAD stll down ~80 pips
If this drop continues, I think it’s likely we’ll see the market fall below the demand zone and move down to the point where the low that formed on the 24th Feb was created.
A strong reaction with big bullish candles will indicate a move back up to the highs, but a subdued reaction with small bullish and bearish candles will be a signal the market may break through the low.