USD/CAD Weekly Update (19/12/15)

USD rate hike as expected, and now we are kinda in the different ball game now.
In TA, I am seeing UC0.00% is being extended too fast too furious rise of this pair and it is obviously due for correction from 1.400x level.

In Weekly TF, it was such as Bullish Bar, that means Bull are still in control, so Shortist have to be nimble and go with small lot as trend is not in your side just yet...


1. As long as the price is not above 1.415x
2. Better to bring trend on your side (Wait for PA becomes Bearish)
3. Sell with small lot as it is counter trend.

We may see 1.341x again