USDCAD: Temporary relief of selling
Price is sitting at the bottom of the trend channel.
We have CAD BOC Rate Statement and Overnight Rate Decision tonight which can help to swing this pair higher if the BOC is dovish.
Retail traders are still net long, which may cause a stop hunt to happen tonight before the swing upwards.
USDCAD Long
Entry is valid as long as price is above 1.2780
Entry: 1.2790
SL: 1.2720
TP: 1.3020
We have CAD BOC Rate Statement and Overnight Rate Decision tonight which can help to swing this pair higher if the BOC is dovish.
Retail traders are still net long, which may cause a stop hunt to happen tonight before the swing upwards.
USDCAD Long
Entry is valid as long as price is above 1.2780
Entry: 1.2790
SL: 1.2720
TP: 1.3020
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.