A CLEARIFICATION
USDCAD once again, upped the supply zone. The Fed last week indicated 3 rate cuts this if things kept going the way they were. But what things? Well, this could be Inflation and unemployment. A 4% unemployment is considered full employment coupled with the 2% expected core PCE which is coming out on the 29th of this month. With the commodity rage and war uncertainty, Oil becomes gold and the Canadian dollar being oil papacy of the 21st Century is bound to gain massively from this. This week. 
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.