Hi Traders,
The pair USDCAD is falling to fast about 1000 pips within two months. There are some major fundamental data this week: BOC monetary policy meeting and US CPI. It could be time for bear to take huge profit. There isn't still a signal for buyer yet, so it may too early to buy this pair again, I will wait a singal that bear take profit to follow later.
Good luck to all traders
The pair USDCAD is falling to fast about 1000 pips within two months. There are some major fundamental data this week: BOC monetary policy meeting and US CPI. It could be time for bear to take huge profit. There isn't still a signal for buyer yet, so it may too early to buy this pair again, I will wait a singal that bear take profit to follow later.
Good luck to all traders