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Watching CAD Breakout Potential
Seems like $CAD is trying to push through that 95.88 resistance again, after hitting it a few times last week. If it consolidates above that for a session or two, we could see a decent move up. On the flip side, a failed breakout and a swift rejection back below 95.80 would invalidate that scenario for me, potentially signaling further consolidation or even a dip.
1 comments · 6 points
I've seen CAD try that move before. It often fizzles out without much follow-through. What makes you think this time will be different?