USDCAD TRADE IDEA

٦ سبتمبر ٢٠١٧

Possible Divergence on UDCAD but expecting more downside move to the downward Market structure at 1.23500 Level and a break of that would take the market further downto test the 1.22500 Level. But watchout for a break of the upper structure @1.24217 possibly a retest of it, which would take price firstto the 38.2% or the 50.0% (1.25000) fibonacci level, and may continue upward to test the 61.8 retracement of the downward swing, @1.25500.