Buy USDCAD Triangle Breakout
1. US Treasury yields climb, boost dollar: Rising US Treasury yields are providing some support for the dollar, putting mild upward pressure on the USD/CAD pair.
2. US employment data beats expectations: Positive US employment data released yesterday initially strengthened the US dollar, putting upward pressure on USD/CAD. However, concerns about rising US Treasury yields are now weighing on the dollar.
3. US/Canada employment data eyed: Both US and Canadian employment reports are due later today. Strong data from either side could significantly impact the pair's direction.
Its good time to buy now,
thank you
2. US employment data beats expectations: Positive US employment data released yesterday initially strengthened the US dollar, putting upward pressure on USD/CAD. However, concerns about rising US Treasury yields are now weighing on the dollar.
3. US/Canada employment data eyed: Both US and Canadian employment reports are due later today. Strong data from either side could significantly impact the pair's direction.
Its good time to buy now,
thank you
Trade active
Trade closed: target reached
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