As the CAD deals with the BoC interest rate decision, traders can look to continue to sell the Loonie.
What we need is price to break 0.69400 on the 4hr, retest this level and reject, to continue its path lower.
We will be giving this setup a look on Monday morning during our live trading session.
- RP Forex (Price Action Analyst)
What we need is price to break 0.69400 on the 4hr, retest this level and reject, to continue its path lower.
We will be giving this setup a look on Monday morning during our live trading session.
- RP Forex (Price Action Analyst)
Comment:
Trade was not taken as the price bounced from the level and failed to breach.