USDCAD Fundamental possibilities

2 de nov. de 2021

The previous fundamental released leads to the correction of the USDCAD structure then went back to the uptrend, though the particular region the previous fundamental acted on as not be broken yet but expecting it to break during today’s FOMC news. Therefore, I’m expecting a little pull back from the previous day’s high (PDH) to somewhere around the previous day low or break the previous day low a bit before the fundamental impact. So, I’m expecting the fundamental to pull the price upward and break the Previous Day High and the Previous week’s High (PDH and LWH).