USDCAD H4 Technical Overview: Buy The Pullback
- 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
- 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
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