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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
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?