CAD - Trade idea!
Updated
CAD - Trade idea!
Another week, another trade opportunity!
USDCAD - Very clear levels.
Currently we are within the ranges. Highs: 1.36600 Lows: 1.35375
A break of key resistance highs, we could go towards 1.37730 areas. However, we if break below the lows and further down below 200 EMA I expect it to reach towards 1.34380.
Keep in mind false breaks out, take a look at crude and most importantly NFP this week!
Trade Journal
Another week, another trade opportunity!
USDCAD - Very clear levels.
Currently we are within the ranges. Highs: 1.36600 Lows: 1.35375
A break of key resistance highs, we could go towards 1.37730 areas. However, we if break below the lows and further down below 200 EMA I expect it to reach towards 1.34380.
Keep in mind false breaks out, take a look at crude and most importantly NFP this week!
Trade Journal
Comment
Mr Powell - Fed Swaps Now Favours 50bp Hike In March Repricing Higher From 25bp...
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