A few trades coming up on USDCAD

Looks like we can be getting up for a short on USDCAD if we break under bottom support (which we can easily do) and it can run pretty far down if oil continues its sell off.

There is also a possible breakout long if you want to wait for it to break an consolidate over the top support line.

Remember, if you break a support/resistance it is not uncommon for it to retest the level and even close above or below it briefly before starting on its breakout.

Operación activa:

Looks like the consolidations is here, wait for the breakout!

Operación activa:

Consolidation*

Operación activa:

Load new bars to see consolidaton