(4h) USDCAD about to resume the Downward Impulse
The following days and weeks will be presented with relatively good news for Canada's economy as the forecast for the next economic indicators looks favorable for a strong Canadian dollar push towards parity with the US dollar.
This information will be the backbone to justify the end of the current's pair upward correction, initiating a new bearish impulse. It's advisable to place a sell trade around 1.30000 price level.
This information will be the backbone to justify the end of the current's pair upward correction, initiating a new bearish impulse. It's advisable to place a sell trade around 1.30000 price level.
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