GoldCartel - USD/CAD Follow up analysis - BIG Trade

I reckon, if it can stay below the resistance/trendline, USD will fall deeper into the next potential target.

Catalyst:
- Trump's tariffs on Canada will backfire by hurting the U.S. economy more.
- Canada added 419,000 jobs in July as economy reopened
- CAD Jobless rate of 12.3%
- Potential Descending triangle on the daily time-frame, it was a breakout and retest

PS: I'm too busy with my clients, and I'm not going to post any updates.

Giao dịch đang hoạt động:

So far, it rejected the daily major resistance.
The analysis and targets remain the same.