USD/CAD will suffer a correction before Going Up
USD/CAD will suffer a correction before Going Up
💹USD/CAD ⏬SELL
✅TP-1# 1.28200
✅TP-2# 1.27400
FOMC preview
- FED Seeks to downplay rate
- FED Is not expected to announce any major policy change
My Forecast : This Pair Will fall because the conditions are not met to start tapering this year
After Settling at a 1.2896 high, this pair requires a pause before going up
References :
DBS Bank
However, technical indicators and seasonality studies hint the pair may need a corrective decline before it finds fresh oxygen to challenge higher levels,
Benjamin Wong, Strategist at DBS Bank, reports
Link : fxstreet.com/news/usd-cad-to-suffer-a-correction-before-challeging-next-upside-destination-dbs-bank-202109210643?utm_source=tco&utm_medium=twitter&utm_campaign=fxstreetnews
FOMC FED - Yahoo
Link : finance.yahoo.com/news/fed-fomc-monetary-policy-preview-september-2021-084520716.html
JamdeJam will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
If you like this idea, do not forget to support with a like and follow.
Don't hesitate to write comments.
BE VERY Careful this is FOMC WEEK 21 -22 September. The movement can be huge. Prepare your stop loss if we are in the wrong direction.
💹USD/CAD ⏬SELL
✅TP-1# 1.28200
✅TP-2# 1.27400
FOMC preview
- FED Seeks to downplay rate
- FED Is not expected to announce any major policy change
My Forecast : This Pair Will fall because the conditions are not met to start tapering this year
After Settling at a 1.2896 high, this pair requires a pause before going up
References :
DBS Bank
However, technical indicators and seasonality studies hint the pair may need a corrective decline before it finds fresh oxygen to challenge higher levels,
Benjamin Wong, Strategist at DBS Bank, reports
Link : fxstreet.com/news/usd-cad-to-suffer-a-correction-before-challeging-next-upside-destination-dbs-bank-202109210643?utm_source=tco&utm_medium=twitter&utm_campaign=fxstreetnews
FOMC FED - Yahoo
Link : finance.yahoo.com/news/fed-fomc-monetary-policy-preview-september-2021-084520716.html
JamdeJam will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
If you like this idea, do not forget to support with a like and follow.
Don't hesitate to write comments.
BE VERY Careful this is FOMC WEEK 21 -22 September. The movement can be huge. Prepare your stop loss if we are in the wrong direction.
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