Hi fellow traders:
Here's my view on this pair but I have to admit that i am not so convinced on reaching the target this time because of some biased fundamentals in regards of the USD.
CAD is performing good due to the high oil prices so I would not be surprised to hit the target.
HS pattern seems in play so it will support the strength of the CAD as well.
I prefer to stay away on this pair and wait for a clear signal either long or short.
So far we continue trading inside a descending channel since June 2020.
Cheers
Here's my view on this pair but I have to admit that i am not so convinced on reaching the target this time because of some biased fundamentals in regards of the USD.
CAD is performing good due to the high oil prices so I would not be surprised to hit the target.
HS pattern seems in play so it will support the strength of the CAD as well.
I prefer to stay away on this pair and wait for a clear signal either long or short.
So far we continue trading inside a descending channel since June 2020.
Cheers
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.