2017 Week #9 - USDCAD Bearish Bias
Bearish Bias
As long as price remains below 1.3387 area, we are holding a bearish view.
(1) Price may still retrace higher towards 1.3252 - 1.3310 area before the move lower to complete the C wave.
(2) But it can also start moving lower from here, forming a running flat structure.
As long as price remains below 1.3387 area, we are holding a bearish view.
(1) Price may still retrace higher towards 1.3252 - 1.3310 area before the move lower to complete the C wave.
(2) But it can also start moving lower from here, forming a running flat structure.
