Wish I had posted this sooner, the wick on 6th Oct at 18:00 gave a perfect sign for a break and retest of the bearish trendline found on the Daily.
This has been broken and retested, this move may be dragged out as it is a Monday and Bank Holiday for USD/CAD so there will not be much volume.
The above resistance has been rejected once after the break of the trendline though I would hope that the recent retest early this morning can confirm that we should see a move up to prior retracement levels.
I will await NY open for any sort of intraday long opportunities.
Will watch DXY along with this pair as any bullishness for the $ should aid this bias or copy the PA
This has been broken and retested, this move may be dragged out as it is a Monday and Bank Holiday for USD/CAD so there will not be much volume.
The above resistance has been rejected once after the break of the trendline though I would hope that the recent retest early this morning can confirm that we should see a move up to prior retracement levels.
I will await NY open for any sort of intraday long opportunities.
Will watch DXY along with this pair as any bullishness for the $ should aid this bias or copy the PA