USDCAD Cautious grounds!!! Friday!! Sep 17-21
Good news from US counterparts through out the week putting pressure on dollar bidders!!!
We had positive NZD GDP, Positive GBP Retails Sales and WTI crude gains.
Sooner we have CAD CPI and Retail Sales
A positive results is a backside stab on dollar !! Lower support channel could be tested!!!
A negative results some recovery for dollar through next week FED rate hike!!!
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Technically we broken R2 to downside and retest R2 made a LH making a potential downtrend.
Now we are at a crucial support zone. Break or make !!!
Trade Safe!!!
We had positive NZD GDP, Positive GBP Retails Sales and WTI crude gains.
Sooner we have CAD CPI and Retail Sales
A positive results is a backside stab on dollar !! Lower support channel could be tested!!!
A negative results some recovery for dollar through next week FED rate hike!!!
___________________________________________________________________________________________________________________
Technically we broken R2 to downside and retest R2 made a LH making a potential downtrend.
Now we are at a crucial support zone. Break or make !!!
Trade Safe!!!
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DXY also looks slippery
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Short have kept tied up!!
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Some squeeze going between buyers and sellers!!
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