The Forex Mechanics want you to be cautious with USDcad
Although the USDcad has broke the Resistance Level at 1.31632 price level we want you to exercise caution because of the Inverted Hammer it formed on 4hr Time Frame.. we are waiting to see what will happen. However we will wait for it break the bottom of the Inverted Hammer on 4hr Time Frame before we continue the journey to the North.
See the Chart below
Although you will notice we are still in the trade we are closely watching at the Forex Mechanics Workshop. As soon as it breaks south we will get out.
Stay Blessed
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