Short USD/CAD AFTER (!!!) Market Has Shown Topping Action
Not much can stop USD/CAD bull stampedo until oil shows some strenght or dollar weakens.
FED is the key to watch next week. We are sure it will be interesting to see whether oil is able to test double bottom from 2009 and what market reaction is after FED finally starts raising rates.
We will be watching USDCAD for potential short after some strong signals on smaller timeframe charts.
Until then WE ARE LONG minded or NEUTRAL and most imporatant BE CAREFUL and don't get caught in the wrong direction. Use stops.
Stay tuned!
zetta21.net
FED is the key to watch next week. We are sure it will be interesting to see whether oil is able to test double bottom from 2009 and what market reaction is after FED finally starts raising rates.
We will be watching USDCAD for potential short after some strong signals on smaller timeframe charts.
Until then WE ARE LONG minded or NEUTRAL and most imporatant BE CAREFUL and don't get caught in the wrong direction. Use stops.
Stay tuned!
zetta21.net