Canadian Dollar

Chart courtesy of AdvancedGET. Data provided by ESignal.

Good morning

As I mentioned yesterday, look out for .786 and as you can see we have reversed from that and have a tram track in progress (not the end of the day to assume that is or will be a tram track). I hope you all have scale out. The trend is still intact and once again don't be fooled. This is the similar to tree shaking in shares. With currency it is just positions being closed for profits.

Remember we have NFP on Friday and expect some huge volatility then, but as we come up towards that we will see some ranging markets a day or two before hand. If that is the case then utilize other strategies I have shown you that are more appropriate.

Best of luck.