Ichimoku cloud indicator analysis of USD/CAD for December 20, 2017
There was a false breakout yesterday in the USD/CAD pair. Price broke above 1.2910 but sharply reversed back below 1.2870. This is not a bullish sign. At least for the short term. Red line – long-term resistance The USD/CAD pair is trading above the 4-hour Kumo (cloud). Trend is bullish as long as price is […]