Get started
harisonhbn9718

USD/CAD: Inflation it's a good sign that U.S. economy will peak

Long
U.S. Dollar / Canadian Dollar (FOREXCOM:USDCAD)  
harisonhbn9718  
FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis Double Bottom trendanalysisexplained Forex USDCAD usdcadlong forextrading federalreserve Fundamental Analysis beyondtechnicalanalysis
0
0
trendanalysis chartpattern beyondta doublebottom trendanalysisexplained forex usdcad usdcadlong forextrading federalreserve fundamental beyondtechnicalanalysis
The U.S. Dollar continue strenghten during this day, and today, we have a good news that Federal Reserve it's running the inflation in the economy. For that, this it's a good news in the economy as investor hope with more news about the next check stimulus about the covid-19 recovery in America.

Now, I put a long position in the market price at $1.2520 CAD and the SL will be $1.2490 CAD (30 pips) and my target at $1.2600 CAD (81 pips)
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.