USDCAD is just started it’s UpTrend

10 thg 8, 2019

Based on my prediction of CAD unemployment rate on Friday which had to increase and I was already on Buy position in that moment it broke the up trend and because of oils price CAD value increased and pushed the market down. BUT This is not the reason of changing the direction. Market still is uptrend and probably market got enough sell positions from traders to achieve the goal of banks once again in this movement.