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moreenlawson71
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USD/CAD found some support at 1.3060 but I think it will break out below that level next week.

moreenlawson71
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It bounced off from that level after all, it looks like it will rally towards 1.3150 after all.

moreenlawson71
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It's consolidating around 1.3130 but I think it will continue moving north for now.

moreenlawson71
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The move south continues after all. I think the pair may depreciate to 1.3050.

moreenlawson71
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USD/CAD is slowly inching downward but the big movement will likely happen on Friday after the NFP.

moreenlawson71
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USD/CAD rallied after the fundamentals, let's see whether it will break out above 1.3130 by the end of the day.

moreenlawson71
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Not only there was no breakout but the pair formed an impressive doji candlestick at that resistance on the four-hour time-frame and bounced off from it. We can expect a further move to the downside.

moreenlawson71
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USD/CAD is consolidating for now, it may return back to 1.3100.

moreenlawson71
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The sideways consolidation, I wouldn't trade this pair before it ends.

moreenlawson71
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Consolidation still contunues, the question is whether it will end before the end of the week.

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