The Federal Reserve should deliver a rate hike in December, after raising rates in September . Currently, the likelihood of a December rise is pegged at 80%, says CME Group. The Fed is expected to raise rates three more times in 2019. It pressure on the Bank of Canada to follow suit and also raise interest rates. As usual the charts told us that way before it happened, here's the forecast :
Target would be a minimum of 1.50, this is a swing trade and a nice opportunity to grow equity. i would with no doubt attempt to enter this trade as many time as i can depending of short term behavior
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I will enter the retracement of this breakout
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if we close 1H like this, i am entering this trade