USDCAD Simple Trade Plans (Swings)

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A more dovish fed receiving softer data has brought the USDCAD mostly on par over a longer period of time. The link between the two economies has helped form a very tentative downtrend over the last month.

We are now arriving at Key Technical Price Action areas amid a clear downtrend.

Swings entries/exits noted, likely to go inline with CB trajectory for the respective economic zones.

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ملاحظة

Key Resistance hit. Ideal Short setup into Mon On Technicals.

٢٥ يوليو ٢٠٢٤

ملاحظة

Shorts very ideal.