USD/CAD tried to make growth

2 min read
Traderassist

Yaroslav Mudryi

Forex broker

Hi traders,

The USD/CAD currency pair experienced a sharp increase and even price fixing above the level of 1.3085.

At the moment there are 2 options for the development of events:

  1. Continued growth upward with a view to profit in the zone 1.3150-1.3135
  2. A hike to the minimum from which there was a sharp jump in prices

And do not forget that today we will find out the Fed decision on the interest rate. The rate is likely to be lowered and the USD / CAD pair may then decline. But there will also be an accompanying statement and it can completely reverse the market movement. BE EXTREMELY ACCURATE TODAY IN TRADE AND TAKE INTO ACCOUNT OF IMPORTANT NEWS AT TRADE ON USD/CAD.

Good trading,
Yaroslav Mudryi.

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