USDCAD Short
8H TF
Fundamentals suggest bearish trend
Mon 3pm USD industry expansion forecast positive
By Wed 3pm USD showing more industry expansion.
Thurs 12pm GBP Monetary Policy Summary - unlikely to show much change
Fri 1.30pm CAD employment rate & USD NFP
1) Poss 3rd touch of trendline
2) Psych level strong with prev resistance
3) EMA showing resistance
4) LH LL bearish structure
5) look for candlestick rejection
Fundamentals suggest bearish trend
Mon 3pm USD industry expansion forecast positive
By Wed 3pm USD showing more industry expansion.
Thurs 12pm GBP Monetary Policy Summary - unlikely to show much change
Fri 1.30pm CAD employment rate & USD NFP
1) Poss 3rd touch of trendline
2) Psych level strong with prev resistance
3) EMA showing resistance
4) LH LL bearish structure
5) look for candlestick rejection
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