Price broke out of its uptrend wedge last week then has been consolidating above for the past couple of days. Also broke my ascending triangle with a bullish candle after touching the 50 fibonacci level & retested broken trend line. Price is currently above 91.00 supply level, & has been consolidating between 90.500 & 91.000 area.. I am expecting more upside coming soon price is in an uptrend ...
Trade with care! : )
Trade with care! : )
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inverse head on shoulders still in play on the weekly, some extra confirmation
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CPI Numbers & Core Retail sales out of CAD tomorrow morning as well, could bring more movement to this pair potentially.
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careful, Japanese yen gaining strength after recent threats for North Korea to the US could bring a lot of strength to JPY :/ Will look for another setup shortly.