Feel free to check my USD/CAD history analysis and updates by clicking the small arrow/dot in the chart.
I was a GREAT trade, finally reached the final target at 1.343 zones, and closed March 2020 gap. Maybe 1.340 was a great BUY zone with a tight SL, target 1.372
CAD Unemployment Rate 13.7%
CAD Unemployment change 289.6K
NFP 2509K
US Unemployment rate 13.3%
If it can break out and close below 1.340, I reckon USDCAD will keep falling to retest the broken weekly trendline (chart attached below). But if it rejects 1.340, I reckon USDCAD will go up to 1.372. So we'll see. I'll send the update next week, I need to see more candles.
I was a GREAT trade, finally reached the final target at 1.343 zones, and closed March 2020 gap. Maybe 1.340 was a great BUY zone with a tight SL, target 1.372
CAD Unemployment Rate 13.7%
CAD Unemployment change 289.6K
NFP 2509K
US Unemployment rate 13.3%
If it can break out and close below 1.340, I reckon USDCAD will keep falling to retest the broken weekly trendline (chart attached below). But if it rejects 1.340, I reckon USDCAD will go up to 1.372. So we'll see. I'll send the update next week, I need to see more candles.
Transaction en cours:
I sent this updated chart to my clients
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