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ToniSignals

USD/CAD Signal - CAD BOC Rate Decision - 8 Sep 2021

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
ToniSignals Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Chart Patterns Harmonic Patterns Trend Analysis USDCAD loonie Forex forexsignals Contains image
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chartpattern harmonicpatterns trendanalysis usdcad loonie forex forexsignals containsimage
USDCAD has traded into resistance prior to the CAD Bank Of Canada rate decision, which decides whether to increase / decrease / hold interest rates. Technically the pair is at a resistance pivot, and the RSI is giving a bearish signal. We are looking for downside to support.

Trade closed: stop reached
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