Strifor || USDCAD-Mid-term view
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Preferred direction: SELL
Comment: As part of the upcoming weakening of the American currency in the medium term, one of the most promising currency pairs for such a trade is USDCAD. The fall is considered towards the level of 1.35000, target №2 - 1.34000.
The more likely scenario №1 still assumes a preliminary update of the maximum, that is, a price movement towards the level of 1.36500. Scenario №2 - more aggressive in terms of sales, and assumes a maximum drop from current prices.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: As part of the upcoming weakening of the American currency in the medium term, one of the most promising currency pairs for such a trade is USDCAD. The fall is considered towards the level of 1.35000, target №2 - 1.34000.
The more likely scenario №1 still assumes a preliminary update of the maximum, that is, a price movement towards the level of 1.36500. Scenario №2 - more aggressive in terms of sales, and assumes a maximum drop from current prices.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Transaction en cours
Transaction en cours
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Trade fermée: cible de profit atteinte
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