USDCAD(PRE-NEWS ANALYSIS)

USDCAD As it is shown on the chart that we have a three move impulsive same color candle movement to the upside which caused the creation of an order block and oversaw developments of a fair value gap, now with the upcoming news release bulls that missed out on the opportunity might have an opportunity to go long on a fair price.

1.Possible scenario one : would be that price goes on to mitigate the bullish order block and go to the upside

2.Possible scenario two : would be another long opportunity presented by a Bos to the upside and then a mitigation of that POI which caused the upwards move

NEWS RELEASE : 14:30 SAST
TOMORROW : 14:30 SAST