Sell USDCAD to continue overarching bearish trend following a test (and rejection) at 1.30 major psychological resistance.
No Year-on-Year fundamentals for either USD or CAD until 6 days after trade opens. Suggest closing position before USD YoY Consumer Price Index announcement on Tuesday 13th March @ 12:30pm.
NOTE: Analysis on Weekly chart, actually entry on 1hr or 3hr chart. Confirmation of rejection required before entry.
No Year-on-Year fundamentals for either USD or CAD until 6 days after trade opens. Suggest closing position before USD YoY Consumer Price Index announcement on Tuesday 13th March @ 12:30pm.
NOTE: Analysis on Weekly chart, actually entry on 1hr or 3hr chart. Confirmation of rejection required before entry.