SonicDeejay

USD/CAD (To Infinity and Beyond?)

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
View On USD/CAD (8 Dec 2022)

There is something that you oughta know.

The recent run up in the stock markets and fall of USD are fuelled by the expectation/hope on "the pivot" by the FED and the real answer will be on the FED rate decision of the next week.
If the FED fails to do pivoting, I expect the stock market will fall and USD will resume it's UP trend.

And we are already seeing the starting of it.

If the FED does not pivot, it shall send USDCAD to retest the previous high and beyond.




DYODD, all the best and read the disclaimer too.
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DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.



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