GoldCartel - USD/CAD Follow up analysis - BIG Trade
I reckon, if it can stay below the resistance/trendline, USD will fall deeper into the next potential target.
Catalyst:
- Trump's tariffs on Canada will backfire by hurting the U.S. economy more.
- Canada added 419,000 jobs in July as economy reopened
- CAD Jobless rate of 12.3%
- Potential Descending triangle on the daily time-frame, it was a breakout and retest
PS: I'm too busy with my clients, and I'm not going to post any updates.
Catalyst:
- Trump's tariffs on Canada will backfire by hurting the U.S. economy more.
- Canada added 419,000 jobs in July as economy reopened
- CAD Jobless rate of 12.3%
- Potential Descending triangle on the daily time-frame, it was a breakout and retest
PS: I'm too busy with my clients, and I'm not going to post any updates.
Trade ist aktiv:
So far, it rejected the daily major resistance.
The analysis and targets remain the same.
The analysis and targets remain the same.
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