The counter has reached its upper end of the sideways range.
The fundamentals of CAD is so strong and we expect the BOC to assert the same in today’s meeting.
Also, we expect the USD to trade with bearish bias post Fed President’s testimony.
Hence, we expect the counter to move to the lower end of the range today.
The fundamentals of CAD is so strong and we expect the BOC to assert the same in today’s meeting.
Also, we expect the USD to trade with bearish bias post Fed President’s testimony.
Hence, we expect the counter to move to the lower end of the range today.
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.