Hi I think BoC must move rates higher since all that happened. This Imho, USDCAD should reach at least 1.24 ish. Thanks if you read, liked and commented. if not then not. Good luck trading. Carlos
Tomorrow morning the USD will see massive movement off job numbers dropping. Personally I am short on USD. Long on GBP and CAD against USD. CNH has seen 200 ema cross over 50 ema so we will see the movement down. Price has also came to retracement on 4hr time period. BIG Ws. Stay tuned will be updating tmr when news drop 8:30am EST New York session
I think USDJPY has formed a very interesting short setup both on the H4 time-frame as well as the daily time-frame. Disclaimer: This is only an idea and should not be taken as a trading signal.