Canadian dollar
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Started by GunterK - March 1, 2019, 11:31 p.m.

beginning of a H&S top?

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By 7475 - March 2, 2019, 11:01 a.m.
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Gunter

That sure looks like one..

 The CD had a 2 week or so run up after the beginning of the year. This HS has formed in the middle of the chart-not at an extreme point,however. 

Also to note is Canadian GDP was reported quite shy of expectations on Friday. That could be the catalyst breaking the "camel's" neckline-especially after Friday's drop.

 But after being whipped sawed by the Aussie last week I feel I dont know squat.

John