If we get a positive business outlook for the canadian economy, we could see the possibility of rate hike by the BoC
This would further strengthen the CAD.
A retest of 1.2450 resistance before heading lower toward 1.2280 support is likely
This would further strengthen the CAD.
A retest of 1.2450 resistance before heading lower toward 1.2280 support is likely
Dagangan ditutup secara manual:
While we could see further strength in the CAD/weakness in the USD
The more cautious approach would be to close this trade, with 20pips profit
Re-evaluating for the next trading opportunity.
The more cautious approach would be to close this trade, with 20pips profit
Re-evaluating for the next trading opportunity.
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