Currency rate moved down so powerfully, because OIL moved up. You need to know that there are correlation (-93%) between Canadian dollar and OIL prices. That's why I think Canadian dollar will become stronger.

Also, technically price showed that exchange rate will move down to key level 1.2730 (2nd wave).
I will open a Short after pullback up, or when the price will break down 1.2885.

P.S. Push like and subscribe if you want to see more signals in the future.

I'll write when to open a Short, if this idea get 45 like.
ملاحظة
USD/CAD broke down key level 1.2886
I will open a Short if the price will make pullback to that level

لقطة
تم فتح الصفقة
The price at Sell Zone
Open Short

لقطة
أغلقت الصفقة: تم الوصول لوقف الخسارة
beyondtechnicalanalysisChart PatternsTrend AnalysisUSDCADusdcadanalysisusdcaddailyusdcadforecastusdcadsellusdcadshortWave Analysis

Get access to the private club with VIP signals
👉 bit.ly/vip_bikotrading

🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy

🔷YouTube 👉 bit.ly/YouTube__Lessons
يعمل أيضًا:

منشورات ذات صلة

إخلاء المسؤولية