USD/CAD likely to move up ahead CPI!
Hey tradomaniacs,
USD/CAD is re-testing a strong support-zone showing that buyers (sellers in Futures CAD/USD) are imcoming to support the trend.
Technically we have a great chance here to follow the trend with a tighter stop-loss.
Overall risky to trade ahead the CPI-Data as inflation is the only thing the market cares about in order to predict rate-hikes by the FED.
Choppy market.. but good chance here I guess.
What do you think?
USD/CAD is re-testing a strong support-zone showing that buyers (sellers in Futures CAD/USD) are imcoming to support the trend.
Technically we have a great chance here to follow the trend with a tighter stop-loss.
Overall risky to trade ahead the CPI-Data as inflation is the only thing the market cares about in order to predict rate-hikes by the FED.
Choppy market.. but good chance here I guess.
What do you think?
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.