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cmc
Oct 24, 2022 7:39 PM

USDCAD in consolidation Long

U.S. Dollar/Canadian DollarFXCM

Description

This week we have central bank decisions:
1 first BOC, this would bring the price down by about 200 pips
2. the second FED, this would raise the price by about 400 pips
These are my opinions, and I do not advise anyone to follow them.
I'm still poor :))))
Comments
JoeChampion
Good job, we are also bullish USD against commodities here. keep them coming!
thejew84
fully agreed, but the US Mid-term elections will likely also make markets go crazy which is the week after the Fed Rate increase.
cmc
@thejew84, all the events are triggers for the next movement
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