pips4peeps

USDCAD SHORT TRADE

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Happy Tuesday Peeps, I hope you’re all well. I am currently in a SHORT POSITION on this pair. Price rejected 0.618 Fibonacci level yesterday, I am looking for a follow through to 1.3550 and possibly lower.

The Bank of Canada are scheduled for a interest rate decision tomorrow. A possible CHINESE intervention on the Yuan is looming over DOLLAR strength. Let’s see what happens :)

Have a great week🔥

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