USDCAD Targets, Fall Lower On Further Profit Takes?
Initial Dollar strength has waned post FED boost yesterday.
Lesser cut bets mean more feeding into USD.
BOC seemingly happy to ease, causing persistent weakness.
I would use the first exit target (south) for shorts. Sentiment case longer term still remains heavy USD.
Lesser cut bets mean more feeding into USD.
BOC seemingly happy to ease, causing persistent weakness.
I would use the first exit target (south) for shorts. Sentiment case longer term still remains heavy USD.
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Free Pro Multi Asset Trading Guide:
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Free Discord Secret Server:
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Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
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.