Planning to sell USDCAD now and buy it at 1.2750
Note
1.2750 can be a breakout zone with quite high probability, taking into account we will face FOMC decision in coming days. Decision to leave the USD rate at 0.5% can trigger a downward movement for USD.Note
Scenario did not work, the resistance level was broken on 13.09 and became support, price bounced off it and is more likely to reach 1.3350 before going down.
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.
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.