BUY on 30 Mins
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:
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:
Note
USDCAD is hard to touch 1.33, the trend is reverse now.Note
TP1 reached.Note
TP2 reached.
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.
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.