Strong daily resistance at 1.3530, we are not sure, but if we'll be luky, the price action will break it.
MONITOR CORRELATION: - WTI (US OIL)
We appreciate your interest in our analysis, if you agree (or not) with our work, and would like to continue reading our opinions, be part of it with your "I Like"... Thanks you!
Poloz is overly optimistic as he has to support the plans of his newly elected gov't. If he is overly negative the party will lose credibility too early in their term. The larger risk event in my opinion is the API crude estimates later today and the EIA tomorrow. These will move oil prices and CAD moves in relation to oil as it is over 25% of the country's economic driver.
Excellent work though and look forward to the chart playing out as predicted!
TheAnonymousBanker
⋅
excellent post Link77!! thanks!!
Link77
⋅
No problem. I follow all your ideas and think they are very well thought out and always justifiable with good technical indicators. I am always glad to see a new idea from SignalSwiss! If you don't mind, can you send a screenshot of your chart settings? I have experimented with a blue background, but cannot replicate the eye-pleasing color you are using :)
Target and Sell Zone Range 1.3625
LIKE