Loonie Lives Up to Its Name USD Vs CAD

19 août 2022

Hello ladies and gentlemen, I am seeing more so bullish intent on my end but who knows. Price has been breakdancing but HTF, weekly more specifically, is showing control with a possible double bottom given the week closes out strong tomorrow evening, preferably above the previous weekly bearish candle @ 1.29295. I see price possibly headed up toward 1.31000 which I find more probable than down toward 1.28400 or even lower to 1.27650. Plenty of inverted H&Ss on Daily and LTFs but we'll see what holds as valid. Let's be honest here there's definitely better-looking fish in this sea. Price will clear up but to each is own. Happy Trading!