- The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
- In this sideways movement, retail traders prefer to hold short trades. There seem to be a major player interest in an upward movement.
- Price broke through the MVP line and rushed up. We consider this a sign for further USDCAD price increase.
- Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
- Set Take Profit at the local high, beyond which there is a cluster of orders.
Chart & Analyst Comments
