SELL THE USD/CAD ??
TECHNICALS
we have an exciting week ahead of us so let's get started!
The pair will be moving bearish this week for the following reasons
1 - the price has come to a newly created resistance
2 - the market bullish moves have made price drive back to the 61.8% fib
3 - the RSI is showing that the markets are overbought
now time for the fundamentals
MONDAY, NOVEMBER 22
13:30
USD Chicago Fed National Activity Index (Oct)
TUESDAY, NOVEMBER 23
14:45
USD Markit Manufacturing PMI(Nov) PREL
USD Markit Services PMI(Nov) PREL
USD Markit PMI Composite(Nov) PREL
18:00
CAD BoC's Beaudry speech
we have an exciting week ahead of us so let's get started!
The pair will be moving bearish this week for the following reasons
1 - the price has come to a newly created resistance
2 - the market bullish moves have made price drive back to the 61.8% fib
3 - the RSI is showing that the markets are overbought
now time for the fundamentals
MONDAY, NOVEMBER 22
13:30
USD Chicago Fed National Activity Index (Oct)
TUESDAY, NOVEMBER 23
14:45
USD Markit Manufacturing PMI(Nov) PREL
USD Markit Services PMI(Nov) PREL
USD Markit PMI Composite(Nov) PREL
18:00
CAD BoC's Beaudry speech
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