The CAD looks bearish across the board.
Break and retest of a wedge pattern formation. Multiple onfluences across 1h, 4h , daily and weekly timeframes.
First target at a resistance cluster at the 1.681 area. I will look to bullet proof if that levelholds.
Second target being next weeklyarea at 1.775. I will probably exit earlier if the 4h chart stars to break down to the downside mid run.
Break and retest of a wedge pattern formation. Multiple onfluences across 1h, 4h , daily and weekly timeframes.
First target at a resistance cluster at the 1.681 area. I will look to bullet proof if that levelholds.
Second target being next weeklyarea at 1.775. I will probably exit earlier if the 4h chart stars to break down to the downside mid run.