- the major trend is likely to remain bearish - despite a slightly lower low today, Heikin Ashi quantification shows bearish momentum is decreasing and some pull back is possible to 1,35+ bearish support.
Bank of Canada rate setting meeting due today, so I took some profit, closed 2/3 of my shorts.
التعليقات
ForceFollower
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A good decision to take partial profits. I expect some weakening of the CAD following the BoC decision. We'll see.
Kumowizard
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It's ccy war all over the place :-)
ForceFollower
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Yeah, I can see that - they drop a bomb at me now and then.