USDCAD: Still waiting for the massive move down
Hi traders,
On the USDCAD we can see an impulsive move that started at the start of 2016. It dropped 2208 pips in 98 days. After that we had a retracement back up, but that retracement is not going nearly as fast as the drop. The retracement took 243 days for 1100 pips. What does this mean? Bears are stronger than the bulls.
Cheers
On the USDCAD we can see an impulsive move that started at the start of 2016. It dropped 2208 pips in 98 days. After that we had a retracement back up, but that retracement is not going nearly as fast as the drop. The retracement took 243 days for 1100 pips. What does this mean? Bears are stronger than the bulls.
Cheers
Commentaire:
Long time no see
