Strifor || USDCAD-Mid-term view
Updated
Preferred direction: SELL
Comment: As part of the upcoming weakening of the American currency in the medium term, one of the most promising currency pairs for such a trade is USDCAD. The fall is considered towards the level of 1.35000, target №2 - 1.34000.
The more likely scenario №1 still assumes a preliminary update of the maximum, that is, a price movement towards the level of 1.36500. Scenario №2 - more aggressive in terms of sales, and assumes a maximum drop from current prices.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Comment: As part of the upcoming weakening of the American currency in the medium term, one of the most promising currency pairs for such a trade is USDCAD. The fall is considered towards the level of 1.35000, target №2 - 1.34000.
The more likely scenario №1 still assumes a preliminary update of the maximum, that is, a price movement towards the level of 1.36500. Scenario №2 - more aggressive in terms of sales, and assumes a maximum drop from current prices.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Trade active
Trade active
⚡️New ideas for EURUSD, GBPUSD and GOLD⚡️
Trade active
⚡️New ideas for AUDUSD, NZDUSD and Bitcoin⚡️ 
Trade closed: target reached
🔥Trade with Strifor broker 👉 t.me/+vEBNFbz_wItmNzhi
Related publications
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.