Here we go, the FED decision finally came out and as expected it is a hold at 5.50%. This decision is actually positive as rates will stay high... On the technical side, USDCAD has found support at around 1.3415 and has formed a double bottom on this key level. I am expecting to see price rally to the next resistance at 1.3550.
Comment:
Approaching target. Securing profits.
Comment:
Break of the last high. Approaching target...
Trade closed: target reached:
Full target hit!