eduardovargas08
Education

What next on the USD/CAD ?

FX:USDCAD   U.S. Dollar / Canadian Dollar
there is being a downtrend in the USD/CAD             since early summer past year, now it has tested the 1.24 level a few times, and MACD is about to make a cross, in a few hours BoC             set interest rates and release the monetary policy report and i believe most of the outcome for this pair would depend on that report, as analyst say that market has already priced in 80% of the rate hike that is likely to happen.
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