We buy U.S. Dollar for the United States for specualate news
Hello, in this analysis, U.S. Dollar/ Canadian Dollar about the specualte news on the FED today!!!
On H4 timeframe, we look a tripple bottom, that it's a bullish signal that bulls are still the trend!!!
And the RSI indicator in H1 timeframe show lower higher, that is a good signal for U.S. Dollar recuperation. Also, in H4 timeframe we found out a principal up trend making lower higher, that is a good point to entry in long!!!
Well, I proyect a take profit of 145 pips and 30 pips of SL. But, we need to put a buy order limit at $1.3181 USD to continue buy U.S. Dollar
Fundamental Keys:
1. U.S. Dollar softer as sentiment recovers on vaccine hops and deals.
2. The Dollar dipped agains riskier currencies on Tuesday as hopes for a Covid-19 vaccin and big corporate deals improved investor appetite for assets such as the yuan and the euro.
So, effectively we see a recuperation of one of the world's major economic, so we still udpated in this par!!!
Good luck!!!
On H4 timeframe, we look a tripple bottom, that it's a bullish signal that bulls are still the trend!!!
And the RSI indicator in H1 timeframe show lower higher, that is a good signal for U.S. Dollar recuperation. Also, in H4 timeframe we found out a principal up trend making lower higher, that is a good point to entry in long!!!
Well, I proyect a take profit of 145 pips and 30 pips of SL. But, we need to put a buy order limit at $1.3181 USD to continue buy U.S. Dollar
Fundamental Keys:
1. U.S. Dollar softer as sentiment recovers on vaccine hops and deals.
2. The Dollar dipped agains riskier currencies on Tuesday as hopes for a Covid-19 vaccin and big corporate deals improved investor appetite for assets such as the yuan and the euro.
So, effectively we see a recuperation of one of the world's major economic, so we still udpated in this par!!!
Good luck!!!