Hi there,
USDCAD is setting up for next bullish wave. Watcg bottom on lower time frame and look for buy.
Inflation is falling sharply in Canada and heading towards BOC 2 percent target which can lead BOC to conclude its hiking cycle. We may not see any more hikes from BOC on coming meeting which can lead CAD to keep falling over time. CAD is set to lose its value over time as it wont be supported anymore from Tighter monitory policy and higher oil prices.
Good Luck
USDCAD is setting up for next bullish wave. Watcg bottom on lower time frame and look for buy.
Inflation is falling sharply in Canada and heading towards BOC 2 percent target which can lead BOC to conclude its hiking cycle. We may not see any more hikes from BOC on coming meeting which can lead CAD to keep falling over time. CAD is set to lose its value over time as it wont be supported anymore from Tighter monitory policy and higher oil prices.
Good Luck
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