Dollar A.S. / Dollar KanadaPembelian
$USDCAD Safe Place?
Following a nasty Jan 2-9 downtrend the USDCAD has shown a rally since hitting that very strong support (blue line). This rally has lifted it to +2.16% for the month. Often regarded as a safe haven currency I can see major players jumping in on this really low price and soft rally. with a 200 day moving day average of 130866 as a solid stop loss this might be a great place to earn for a few days. We will keep close watch on the EMPLOYMENT data coming up on THURSDAY. HAPPY TRADING
USDCAD has shown a rally since hitting that very strong support (blue line). This rally has lifted it to +2.16% for the month. Often regarded as a safe haven currency I can see major players jumping in on this really low price and soft rally. with a 200 day moving day average of 130866 as a solid stop loss this might be a great place to earn for a few days. We will keep close watch on the EMPLOYMENT data coming up on THURSDAY. HAPPY TRADING
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