BloomFisher

$USDCAD | SELL FORMATION IN PLACE!

Long
BloomFisher Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
The Canadian dollar is lower against its US counterpart on Wednesday. The U.S. Federal Reserve published its updated economic projections and as expected kept the interest rate unchanged at 100-125 basis points. Also keeping with market forecasts the US central bank announced it will start the reduction of its balance sheet in October. The start date was the only piece missing as the Fed has already outlined the process it would follow.
Will it be going to show bullish on upcoming CAD Event!
as per the Technical it's clear to make a Sell with given ratio
(Divide your Trades in Two and Set TP1 and TP2)
____________________
so, what are you waiting for?
let us know in the comment and make sure you like this analysis!
Trade closed: stop reached:
WORST PERFORMANCE OF ALL TIME,
LOSS SETTLED WITH OTHER ACTIVE TRADES!
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.