Price Movement in the USDCAD
With price crossing over both EMAs and the indicators in confluence with a bullish move as well as the strength behind the dollar right now, probability of a long move is higher than a short.
Or we could see one of the Fibo lvls respected and price retracts and continues downward. Either way good pair to watch over the next two days.
Or we could see one of the Fibo lvls respected and price retracts and continues downward. Either way good pair to watch over the next two days.
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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.