Maintain within trend line and wait for CPI, retest 1.3750
🔔🔔🔔USD/CAD news:
➡️ The USD/CAD pair held steady around 1.3705 during early Asian trading on Tuesday.
➡️ Tariff threats may weigh on the Canadian dollar, as Canada remains a key trade partner and a major copper supplier to the United States.
➡️ , the Fed’s hawkish stance, keeping interest rates unchanged in July, continues to support the strength of the U.S. dollar.
➡️ However, Canada’s stronger-than-expected June employment data could help limit further downside for the Loonie.
Personal opinion:
➡️ USD/CAD will remain within the current uptrend zone and wait for CPI news from both countries.
➡️Analysis based on support resistance levels and EMA combined with trend lines to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy USD/CAD 1.3680 - 1.3670
❌SL: 1.3630 | ✅TP: 1.3740
FM wishes you a successful trading day 💰💰💰
➡️ The USD/CAD pair held steady around 1.3705 during early Asian trading on Tuesday.
➡️ Tariff threats may weigh on the Canadian dollar, as Canada remains a key trade partner and a major copper supplier to the United States.
➡️ , the Fed’s hawkish stance, keeping interest rates unchanged in July, continues to support the strength of the U.S. dollar.
➡️ However, Canada’s stronger-than-expected June employment data could help limit further downside for the Loonie.
Personal opinion:
➡️ USD/CAD will remain within the current uptrend zone and wait for CPI news from both countries.
➡️Analysis based on support resistance levels and EMA combined with trend lines to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy USD/CAD 1.3680 - 1.3670
❌SL: 1.3630 | ✅TP: 1.3740
FM wishes you a successful trading day 💰💰💰
Сделка активна
personal plan:Hit + 60 pips from Buy 1.3670
Setup successfull
Сделка закрыта: достигнута тейк-профит цена
Complete the original planHit max profit + 85 pips
Congratulation
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Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.