PeNuel2020

USDCAD - STILL STAY BULLISH ABOVE @1.25

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
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ASCENDING CHANNEL STILL INTACT - UPTREND STILL INTACT
As you can see, @1.25 is a psychological level that will be respected. As long as the channel is not broken downside,
stay bullish.

FOMC AND FEDS RATE DECISION
This is the news that will generate the much volatility needed on USD pairs this week and that will cheer traders up.
So, stay optimistic. This current rally on H1/H4 can be an accumulation for another leg upside that will be massive.

DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.

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