USD/CAD Weekly Forecast - Potential BIG trade

Jul 20, 2020

Feel free to check the previous analysis by clicking the arrow/dot inside the red circles. Please don't trade this analysis blindly, do your research before you enter the trade. I'm too busy with my clients, and I'm not going to share the updates.

I reckon it has the potential to fall at least to the "potential target 1" in the next few days.

Catalyst:
- CAD retails sales data
- USD PMI

Jul 21, 2020

Trade active

Just in:

CAD
Core Retail Sales 10.6%
Retail Sales 18.7%
NHPI 0.1%

Jul 22, 2020

Trade active

Just in:

CAD
CPI m/m 0.8%