GoldCartel - Is Loonie ready for a breakout? or falling deeper?
Here's the link to see the beginning of this analysis:
Follow up analysis:
So far, so good. Currently, my analysis and targets remain the same, I reckon if it can stay below the major daily trendline, USD will keep falling deeper to 1.295, and my final long-term target would be at 1.272 zones. There's also a potential bear flag on H4 Time-frame, a great sign of a bearish continuation.
Catalyst:
- US Sales data
- US EIA
- FOMC
- US ADP
- US Jobless claims
- CAD Core Retail Sales
- US CB leading index
Follow up analysis:
So far, so good. Currently, my analysis and targets remain the same, I reckon if it can stay below the major daily trendline, USD will keep falling deeper to 1.295, and my final long-term target would be at 1.272 zones. There's also a potential bear flag on H4 Time-frame, a great sign of a bearish continuation.
Catalyst:
- US Sales data
- US EIA
- FOMC
- US ADP
- US Jobless claims
- CAD Core Retail Sales
- US CB leading index
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