KarYong

2017 Week #16 - USDCAD Bullish Bias

Long
KarYong Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
This week BOC Monetary Policy Report were slightly hawkish, but Gov Poloz's press conference brought in the dovish sentiment on the Loonie. Next week data is pretty light, mainly the CPI data.

COT is showing sell-side bias -> with the sell CAD bias.

This week trade plan is to look for buy opportunities.
Comment:

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.