USD/CAD – Week 26 – More correction ahead.
As we were expecting in our previous analysis, the US Dollar lost some momentum against the Canadian dollar and started to depreciate.
For this week we expect the price to reach the resistance and drop until it reaches the liquidity pool highlighted on the chart.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
For this week we expect the price to reach the resistance and drop until it reaches the liquidity pool highlighted on the chart.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
