đź’¬Description: Today, the Central Bank of Canada will announce its decision on interest rates. The rate is expected to remain at the same level. Against this background, we continue to adhere to our previous trading idea for USDCAD, namely to look up (look at the chart). But most likely, there will be volatility during or after the meeting of the Central Bank of Canada, then the pair is most likely to roll back down. The expected movement is thus depicted on the chart. As a result, the more global target remains the same, and we expect growth to 1.38271 level.
đź””FX CALENDAR TODAYđź””
🇺🇸New Home Sales
🇨🇦BoC Interest Rate Decision
🛢Crude Oil Inventories
🇨🇦BOC Press Conference
🇪🇺ECB President Lagarde Speaks
🇺🇸Fed Chair Powell Speaks
âž–âž–âž–âž–âž–âž–âž–
🚀Thank for your BOOSTS🚀
👇Share your views and FOLLOW US👇
đź””FX CALENDAR TODAYđź””
🇺🇸New Home Sales
🇨🇦BoC Interest Rate Decision
🛢Crude Oil Inventories
🇨🇦BOC Press Conference
🇪🇺ECB President Lagarde Speaks
🇺🇸Fed Chair Powell Speaks
âž–âž–âž–âž–âž–âž–âž–
🚀Thank for your BOOSTS🚀
👇Share your views and FOLLOW US👇
Trade active
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.