Strifor || USDCAD-01/12/2023
Preferred direction: BUY
Comment: The Canadian is still expected to fall, that is, growth for the currency pair currently being considered. A number of important economic data are expected to be published today, especially for the US and Canada. Most likely, the whole outcome will, of course, happen during the very publication of the specified data, so before that time it is unlikely that you will have to count on anything.
Of course, we do not exclude false downward punctures, especially when the data will be published immediately. The growth cycle is located at the resistance level 1.36545.
Thank you for like and share your views!
Comment: The Canadian is still expected to fall, that is, growth for the currency pair currently being considered. A number of important economic data are expected to be published today, especially for the US and Canada. Most likely, the whole outcome will, of course, happen during the very publication of the specified data, so before that time it is unlikely that you will have to count on anything.
Of course, we do not exclude false downward punctures, especially when the data will be published immediately. The growth cycle is located at the resistance level 1.36545.
Thank you for like and share your views!
Trade closed: target reached
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