Name :
USDCAD
( U.S. dollar / Canadian dollar )
Direction : Long
Time Frame : 4H
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There is 2 main things that price could do depending on the news that is coming out tomorrow and on Wednesday. It depends if it's Positive news or negative news If it's negative news, we are expecting a break of the inner trend line. Both of them. But If it's positive news we are expecting price to break the resistance level And go up to the next liquidity high.
Direction : Long
Time Frame : 4H
______________
There is 2 main things that price could do depending on the news that is coming out tomorrow and on Wednesday. It depends if it's Positive news or negative news If it's negative news, we are expecting a break of the inner trend line. Both of them. But If it's positive news we are expecting price to break the resistance level And go up to the next liquidity high.
Komentarz:
1 Hrs Chart
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Meanwhile, the rise of crude oil might underpin the commodity-linked Loonie and cap the upside of the USD/CAD pair. It’s worth noting that Canada is the largest oil exporter to the United States (US) and the Canadian Dollar (CAD) is particularly sensitive to fluctuations in oil prices