USDCAD Breakout and Potential Retrace

قبل ٤ أيام

Hey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.39900 zone, USDCAD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.39900 support and resistance area.
Fundamentally fed made it clear that a rate cut is unlikely in December which should strengthen the dollar against commodity currency!
Trade safe, Joe.

قبل ٣ أيام

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