- The pair is testing the broken ascending trend-line and it approaches the resistance line (fibo 61.8%)
- The markets are watching the Cash rate decision and statement tomorrow and I think that BOC would not be pessimistic as before after the strong inflation data.
- we will wait a daily close from this range after rejection to Sell
- for longer term position you can check the weekly frame from the related ideas.
- you can follow the live coverage of BOC decisions on arabictrader.com
- Goodluck
- The markets are watching the Cash rate decision and statement tomorrow and I think that BOC would not be pessimistic as before after the strong inflation data.
- we will wait a daily close from this range after rejection to Sell
- for longer term position you can check the weekly frame from the related ideas.
- you can follow the live coverage of BOC decisions on arabictrader.com
- Goodluck
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we are going to sell from 1.3570 range
