Short position will be chosen if price increase to trendline.
If price break out above resistance are at 1.32, a bullish market will be started.
If price break out above resistance are at 1.32, a bullish market will be started.
Note
24th october 2018 , BOC Monetary Policy Report, BOC Rate Statement, Overnight Rate.If Overnight Rate increase from 1.5% to 1.75%, USDCAD will dump
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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.