Description
⋅ Check related Ideas: I said about breakout regarding to Loonie and Aussie.
And now I see the breakout has happened.
USDCAD exceeds the bearish trend line I draw on the chart ; I expect the trend continues this week.
Canada data:
+ IVey PMI
+ Employement report.
Negative data could send more fuel for USDCAD to rally.
AUDUSD also break the support 0.7580, I expect it falls to 0.700 in the long term.
Australia data:
+ Australia employment report.
+ RBA Minutes.
Negative data + verbal intervene could drag Aussie lower.