chartreader_pro

USDCAD H4 Technical Overview: Buy The Pullback

Long
FX:USDCAD   Dollar Américain / Dollar Canadien
- Medium-term bearish trend line is broken.
- BoC Monetary Policy Statement and Interest Rate Decision on Wednesday. / Forecast: Remains Unchanged
- U.S and Canada Labor Market data on Friday.

Note: If Crude prices break below 55, weight on CAD can be accelerated.

Bearish Butterfly on smaller charts. Testing Fib 1.618 Ext.

Buy the potential pullback and buy the breakout of the resistance.

Good Luck

For alerts,charts,special reports,news and singals over 15.000 + instruments contact us via pm or our free Discord: discord.gg/Ku9kzfq

Link to services and products: linktr.ee/chartreaderpro
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.