USDCAD possibly going to slowdown in sell off...
Weekly:
-Bullish but we are seeing some pullback here.
-Prices still above Tenkan and Kijun
-EWO bullish
Daily:
-Prices coming into supp zone
-We have weak Tenkan Kijun cross
-EWO still green
4H:
-EWO divergence
-RSI divergence with each new low
-Bearish ichimoku set up with prices below Tenkan and Kijun
We might see pause in sell off here and get some retracement higher . If you are short, good idea to take some profit.
-Bullish but we are seeing some pullback here.
-Prices still above Tenkan and Kijun
-EWO bullish
Daily:
-Prices coming into supp zone
-We have weak Tenkan Kijun cross
-EWO still green
4H:
-EWO divergence
-RSI divergence with each new low
-Bearish ichimoku set up with prices below Tenkan and Kijun
We might see pause in sell off here and get some retracement higher . If you are short, good idea to take some profit.