CAD - Trade idea!

116
CAD - Trade idea!

Another week, another trade opportunity!

USDCAD - Very clear levels.

Currently we are within the ranges. Highs: 1.36600 Lows: 1.35375

A break of key resistance highs, we could go towards 1.37730 areas. However, we if break below the lows and further down below 200 EMA I expect it to reach towards 1.34380.

Keep in mind false breaks out, take a look at crude and most importantly NFP this week!

Trade Journal

Note
Mr Powell - Fed Swaps Now Favours 50bp Hike In March Repricing Higher From 25bp...

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.