The Loonie re evaluation.

Good evening everyone,

Just a quick post before tonights webinar, re evaluating the CAD.

I posted on this pair on Tuesday saying caution was warranted for a further short due to the RR, and since then price has moved up a further 100 pips or so, and thus has given a better scope for perhaps getting some short pips.

Tuesdays post contents still stand with the resistance south of the RN etc but now more pips are possibly available for the more aggressive trader with correct filter entry, as Fridays bar did give a candle formation at the good figure area, and lower breather level.

Use your filter entry to try and keep you out of trouble.

As always please ensure to do your own analysis before taking any trade.















Charts courtesy of AdvancedGet.

Good luck everyone for the week ahead.

Clayton Farnworth.