USDCAD - GO SHORT BELOW @1.25
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PAIR UNDER SELL PRESSURE AHEAD OF FED CHAIR POWELL SPEECH
PAIR PRESSURES TREND-LINE SUPPORT
USDCAD has found it difficult to climb here since the last rejection it had from its bullish run. This week, Fed's Powell
will speak. If his speech is analyzed as bearish on USD, expect to plunge. Until then, this pair may still rally ahead
of the news. Stay tuned.
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is strictly for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable at all.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.
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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.