BULLISH structure remains
GBPCAD BULLISH structure remains intact as long as we stay above the H4 and DTF 200 SMA's.
Fridays daily candle was a perfect indecision doji suggesting the BULLS and the BEARS had an equal share of the action on Friday and from a technical standpoint a move down to support at 1.6643 looks possible where we may see the BULLS move back into the market.
Under 1.6618 changes the outlook to more BEARISH but for now BUY on dips as long as 1.6618 remains intact.
Fridays daily candle was a perfect indecision doji suggesting the BULLS and the BEARS had an equal share of the action on Friday and from a technical standpoint a move down to support at 1.6643 looks possible where we may see the BULLS move back into the market.
Under 1.6618 changes the outlook to more BEARISH but for now BUY on dips as long as 1.6618 remains intact.
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