USDCAD is in a downward trend in all periods. Today we expect the BoC to decide on interest rates. This can be a good opportunity to reverse the H1 trend!
To do this, you do not have to enter into a trade in advance (unless you enter into trade without reason).
Passing above 1.2768 will allow entry. Crossing the previous peak will confirm the reversal.
The initial goal of the rise is to reach 1.2835 and 1.2880!
If you have questions about how to trade this or another situation, contact us!