USDCAD - Negative Sentiment on National Debt?
Hi,
Janet Yellen, former governor of the US Federal Reserve and now the US treasurer, has made a statement that America is at risk of default this October. This sentiment temporarily weakened the USD, until there was a response from the US parliament to this statement.
On the chart, There is a breakout to the CUP and HANDLE chart pattern on 4H Timeframe which could indicate the bear is in power.
Happy Trading!
Janet Yellen, former governor of the US Federal Reserve and now the US treasurer, has made a statement that America is at risk of default this October. This sentiment temporarily weakened the USD, until there was a response from the US parliament to this statement.
On the chart, There is a breakout to the CUP and HANDLE chart pattern on 4H Timeframe which could indicate the bear is in power.
Happy Trading!