🔔🔔🔔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 💰💰💰
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Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.