Hey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.39900 zone, USDCAD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.39900 support and resistance area.
Fundamentally fed made it clear that a rate cut is unlikely in December which should strengthen the dollar against commodity currency!
Trade safe, Joe.
Fundamentally fed made it clear that a rate cut is unlikely in December which should strengthen the dollar against commodity currency!
Trade safe, Joe.
Trade closed: target reached
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Free Telegram Group:
t.me/joechampion
The 1% Traders Club:
t.me/joechampion
t.me/joechampion
The 1% Traders Club:
t.me/joechampion
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.