Maintain within trend line and wait for CPI, retest 1.3750
🔔🔔🔔USD/CAD news:
➡️ The USD/CAD pair held steady around 1.3705 during early Asian trading on Tuesday.
➡️ Tariff threats may weigh on the Canadian dollar, as Canada remains a key trade partner and a major copper supplier to the United States.
➡️ , the Fed’s hawkish stance, keeping interest rates unchanged in July, continues to support the strength of the U.S. dollar.
➡️ However, Canada’s stronger-than-expected June employment data could help limit further downside for the Loonie.
Personal opinion:
➡️ USD/CAD will remain within the current uptrend zone and wait for CPI news from both countries.
➡️Analysis based on support resistance levels and EMA combined with trend lines to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy USD/CAD 1.3680 - 1.3670
❌SL: 1.3630 | ✅TP: 1.3740
FM wishes you a successful trading day 💰💰💰
➡️ The USD/CAD pair held steady around 1.3705 during early Asian trading on Tuesday.
➡️ Tariff threats may weigh on the Canadian dollar, as Canada remains a key trade partner and a major copper supplier to the United States.
➡️ , the Fed’s hawkish stance, keeping interest rates unchanged in July, continues to support the strength of the U.S. dollar.
➡️ However, Canada’s stronger-than-expected June employment data could help limit further downside for the Loonie.
Personal opinion:
➡️ USD/CAD will remain within the current uptrend zone and wait for CPI news from both countries.
➡️Analysis based on support resistance levels and EMA combined with trend lines to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy USD/CAD 1.3680 - 1.3670
❌SL: 1.3630 | ✅TP: 1.3740
FM wishes you a successful trading day 💰💰💰
Transaction en cours
personal plan:Hit + 60 pips from Buy 1.3670
Setup successfull
Trade fermée: cible de profit atteinte
Complete the original planHit max profit + 85 pips
Congratulation
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.