The Market has a clear RSI Divergence in the 2 hour time frame & we have a CAD news coming up tonight. The Overall Day trend in Downside & Potentially its time for a Reversal. The Market has respected the Pitchorks' previously in this entire trend. Lets wait until we get a clear candle confirmation in 1hr time frame.
Let me know if any.
The Pair has breakout the previous resistance and if it again reaches the 1.31 level, it will act as a clear support area and the momentum will be higher. Lets see .. if it retest or directly reaches the R3 level 1.33.