Prediction of USDCAD
Based on economics, US is right now on a good stage of result if you can look on Employment rate is increase same with NFP so that show economy of US will growth faster and in a good mood of recovery from pandemic. So basically USD currency will increase same with US stock and US future index. So i estimate USD will grow more than CAD.
Technical Analysis:
Rally Base Rally or Bullish continues pattern
Noted:
find a strong resistance at higher timeframe to take profit in a long term
Technical Analysis:
Rally Base Rally or Bullish continues pattern
Noted:
find a strong resistance at higher timeframe to take profit in a long term
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.