Start of a new swing ?

We got pretty nice rebound after retesting 1.330 level and yearly trendline support
Canada Inflation is decreasing and Fed is likely to continue rate hikes next month.
WTI oil is also down, bad for CAD

Note

I expect a pullback of the price, for the next week, a retest of 1.3420 level and then continue to go higher.
It could test 1.35 before making a pullback.
We'll see

Trade fermée manuellement

closed at 1.3550
price is too extended

dailypriceactiontrading

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