Strifor || USDCAD-07/12/2023
Preferred direction: SELL
Comment: The previous trading idea for the Canadian worked out completely, the deal was closed at take profit. At the moment, as part of the weakening of the US dollar, a downward pullback is expected.
Of course, ahead of us is the SF, which is the last one this year and more is expected from it than usual. In this regard, we expect two fall scenarios and it is best to consider both options for entry, that is, through pending orders. The downside target is located in the support area near the level of 1.34000.
Thank you for like and share your views!
Comment: The previous trading idea for the Canadian worked out completely, the deal was closed at take profit. At the moment, as part of the weakening of the US dollar, a downward pullback is expected.
Of course, ahead of us is the SF, which is the last one this year and more is expected from it than usual. In this regard, we expect two fall scenarios and it is best to consider both options for entry, that is, through pending orders. The downside target is located in the support area near the level of 1.34000.
Thank you for like and share your views!
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