Now that wave 4 is finished, a pending long order above the most recent high and 200 SMA is a good opportunity for a long term trade, catching wave 5, ultimately going to 1.38 I think. Both US and Canada data coming out. Good way to see if technicals and fundamentals align. Also if oil finally sell off it will further weaken CAD and give this price pair the necessary boost up.
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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.