USDCAD Price Broke The Important Levels
Price broke the 100 SMA, Ichi cloud's lower boundary, daily S1 level. With the FOMC minutes USD is loosing value. Some FED members said " Don't overvalue interest rate decisions on short term". Bearish momentum can continue around 100 pips from now.
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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.