I was looking at the USDCAD and it might see it's bearish structure and possibly it'll fall more as I expected.
Currently I'm looking for sell trade on USDCAD at market price of 1.32713 and I'll use 1.33322 as my stop loss so then I'll use my three target's respectively 1st target should be swing low at 1.31000 something and 2nd & 3rd target respectively demand zones.
Fundamentally it looks bearish as of recession in the united states and some of strong events that'll cause usdcad fall down i.e>>>
Building Permits
Retail Sales MoM
Inflation Rate YoY
Thanks,
San
Currently I'm looking for sell trade on USDCAD at market price of 1.32713 and I'll use 1.33322 as my stop loss so then I'll use my three target's respectively 1st target should be swing low at 1.31000 something and 2nd & 3rd target respectively demand zones.
Fundamentally it looks bearish as of recession in the united states and some of strong events that'll cause usdcad fall down i.e>>>
Building Permits
Retail Sales MoM
Inflation Rate YoY
Thanks,
San