BUY on 30 Mins

By minyangshi9409
Updated
Currently, Canadian dollar is supported by the climbing oil price. However, we must pay attention to the scandal of Trudeau's cabinet. Whether Trudeau really accepted the bribery of LAVALIN will affect the Canadian election coming few months. If the Liberal Party fails, the Canadian dollar will be greatly affected.

The target is 1.3330.
Turning point: 1.3265.
Above 1.3265, bullish , target price is 1.3300,then 1.3330.
Under 1.3265, bearish , target price is set at 1.3200.
RSI technical indicators are bullish and have a further upward trend.

Prior Strategy:
SELL on 30 Mins
Comment
USDCAD is hard to touch 1.33, the trend is reverse now.
Comment
TP1 reached.
Comment
TP2 reached.
Technical IndicatorsTrend AnalysisUSDCAD

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