CalebDismuke

USD/CAD coming up on support

FX:USDCAD   U.S. Dollar / Canadian Dollar
Technically Speaking
The pair is coming up on a confluence of support, the 100 DMA and the 1.30 level.

If one is looking to get long, I would watch and see how it handles that level.

Fundamentals
The Bank of Canada's statement is at 9:00 a.m CST on Wednesday the 17th. Be mindful of major economic events before taking trades.


Quote
"You miss 100% of the shots you don't take"
Wayne Gretzky-Hockey great
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