USDCAD |Where The Price Can Change Direction - NFP DAY
USDCAD |Where The Price Can Change Direction - NFP DAY
As we all know the U.S market will release the Non-Farm Payrolls, (JOBS Report)
Today it will be a very volatile day and we should be careful.
In my opinion, it is better to trade all the time after the NFP.
However the day today is very flat and nothing is moving at all even if you want to trade
because all the market participants are waiting for NFP as well.
I have pointed out a potential area where the price can change direction after NFP.
It is not a buy scenario right now but it can be later after NFP when the picture will
be more clear.
Thank you and Good Luck!
As we all know the U.S market will release the Non-Farm Payrolls, (JOBS Report)
Today it will be a very volatile day and we should be careful.
In my opinion, it is better to trade all the time after the NFP.
However the day today is very flat and nothing is moving at all even if you want to trade
because all the market participants are waiting for NFP as well.
I have pointed out a potential area where the price can change direction after NFP.
It is not a buy scenario right now but it can be later after NFP when the picture will
be more clear.
Thank you and Good Luck!
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