USD/CAD FX | Pre US CPI Key Data
USD Strength has fed well into this week and brought USD/CAD off from the mid-point of the long term sideways movement we have seen form over time.
Any hopes that are further extended (Soft Landing) will likely reduce inflow into USD (Dovish). Any other outcome that supports a hawk case will likely do the opposite.
Price momentum really allows for spread out shorts, should you take them nearer the upper sideways TL.
Any hopes that are further extended (Soft Landing) will likely reduce inflow into USD (Dovish). Any other outcome that supports a hawk case will likely do the opposite.
Price momentum really allows for spread out shorts, should you take them nearer the upper sideways TL.
Note
Entered shorts.Note
Further ideal entry Conf setup.
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
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.