USDCAD - Healthy uptrend
Looks like a good time to go long.
Near daily pivot.
Near weekly pivot.
RSI 4H shows slightly overbought, which means we're in an uptrend.
Bank of Canada CPI MoM looks bearish (prev 0.7, forecast 0.2)
CPI YoY looks bullish though (prev 2.2, forecast 2.4)
We should wait for a confirmation.
Entry around 1.265
Near daily pivot.
Near weekly pivot.
RSI 4H shows slightly overbought, which means we're in an uptrend.
Bank of Canada CPI MoM looks bearish (prev 0.7, forecast 0.2)
CPI YoY looks bullish though (prev 2.2, forecast 2.4)
We should wait for a confirmation.
Entry around 1.265
Operación activa:
Takeoff!
Comentarios:
Everything turned out to be bearish for the Loonie. Revise PT, we are going up.
Operación cerrada manualmente:
Locking profits. Look forward to trading in the 1.67 - 1.8 range next week