⚡️Strifor || USDCAD-30/01/2024
Updated
Preferred direction: BUY
Comment: The setup for long the Canadian dollar has changed a little, but as you can see, the direction is still in favor of the buyer. Limit purchases will most likely show themselves soon. Most likely, you will have to hold the deal until the Fed meeting, and also possibly until non-farm. The main growth target is the level of 1.36000. After which, with a high degree of probability, the instrument will reverse into a deeper downward correction, or form a wider accumulation range.
Thank you for like and share your views!
Comment: The setup for long the Canadian dollar has changed a little, but as you can see, the direction is still in favor of the buyer. Limit purchases will most likely show themselves soon. Most likely, you will have to hold the deal until the Fed meeting, and also possibly until non-farm. The main growth target is the level of 1.36000. After which, with a high degree of probability, the instrument will reverse into a deeper downward correction, or form a wider accumulation range.
Thank you for like and share your views!
Trade active
Note
Before the Fed meeting, this trading idea is relevant.Trade closed manually
🔥Trade with Strifor broker 👉 t.me/+vEBNFbz_wItmNzhi
Related publications
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.