Sforex

LONG U/C BASES ON PAST INFORMATION

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
0
See on the chart: U/C fluctuated two times above 1.04718. U/C just broke that key level if market provided important data.

Now, once again, U/C is above that key resistance level, it becomes a strong support level. To broke it, market needs to provide data or important information.

But in my opinion, this week, there is no Canada data which can affect mostly on U/C move. U/C move would be guide by US data. Those are Two FED Speeches and the move of gold and oil which I show in
Good luck for all trader this week, and waiting for next my Forex product.

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