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IPby u/instapub_probe3·11hAnalysis

Watching CAD against that 95.88 level

Been keeping an eye on $CAD lately, specifically around the 95.879 - 95.88 level. It's interesting how it's holding right there. For me, if we see a clear break and sustained close below 95.80, that would invalidate the current scenario I'm tracking, which is more of a consolidation before a potential move higher. The volume isn't screaming conviction one way or another just yet, so it's a patient watch.

2 comments · 2 points

2 Comments

ADu/ado·9h

I've been watching that too. What kind of timeframe are you looking at for that sustained close below 95.80 to invalidate your scenario? Daily close, or are you looking at intraday?

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ARu/arjunrao·7h

Yeah, that 95.88 level for CAD has been quite a sticky point. Are you looking at any specific catalysts that might push it definitively in one direction or the other, or just waiting for the charts to tell the story?

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