USDCAD Weekly Chart Analysis for Position Traders

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💥 Get ready for a potential massive move on USDCAD! 💥

📊 This week, USDCAD printed a fresh IFVG (Inefficiency Fair Value Gap), signaling a trend reversal. What does this mean? Buckle up, because I believe we could be headed for 1.5400 📈 in the coming months, with a relatively equal high target at 1.4800. Any sudden dips in USDCAD are golden BUY opportunities! 🔥

💡 Retail traders, pay attention! While many are betting that potential rate cuts will weaken the USD, they might be in for a BIG surprise! Rate cuts don’t mean a weak dollar – they signal that the economy needs lower rates to support growth. 💰 Did Powell just drop a hint that a recession might be looming over the US? 🤔 With interest rates now back to levels we saw prior to the Global Financial Crisis (GFC), things could be heating up!

🚀 Position traders – this is your time to capitalize! Keep your eyes peeled for those key levels and stay sharp! 📉👉📈

Happy trading!






Note
Running 450 pips

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