We got pretty nice rebound after retesting 1.330 level and yearly trendline support
Canada Inflation is decreasing and Fed is likely to continue rate hikes next month.
WTI oil is also down, bad for CAD
Canada Inflation is decreasing and Fed is likely to continue rate hikes next month.
WTI oil is also down, bad for CAD
Note
I expect a pullback of the price, for the next week, a retest of 1.3420 level and then continue to go higher.It could test 1.35 before making a pullback.
We'll see
Trade closed manually
closed at 1.3550price is too extended
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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.