USD / CAD seems to be affected by the Fibo zone 61.8% as the whole week fluctuated around this price range.
Some unfavorable factors from the trade war have made CAD also partially affected. The economic news of the week did not appear, so the currency pair could not go far.
At the end of the week, USD / CAD dropped only 3.7 pips, showing that the W1 candle is a Doji candle, a signal that the market is waiting.
The chart of USD H1 / CAD is approaching EMA200, and we will have to watch this zone by week 47/2019.
Some unfavorable factors from the trade war have made CAD also partially affected. The economic news of the week did not appear, so the currency pair could not go far.
At the end of the week, USD / CAD dropped only 3.7 pips, showing that the W1 candle is a Doji candle, a signal that the market is waiting.
The chart of USD H1 / CAD is approaching EMA200, and we will have to watch this zone by week 47/2019.
Trade closed: target reached