piptank

Buy #Lonnie at support #forex $USD $CAD #BOC

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD is in upward trend channel.
I'm thinking of enter a long position on that pair.
Some of the sings witch lead me to that decision.
The Bank of Canada decided to leave their interest rate at 1 percent.
The inflation rate is back to 2 percent from previous 2.1 and Canadians jobless rate decreased to 6.8 percent.
A good entry point is between 1.119 and 1.110.
T1 1.138
T2 1.156
SL 1.09


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.