EXNESS - Analytics


    631.50 4.00/10
    69% of positive reviews

    The USDCAD pair is approaching the level of 1.2563

    Buy on a level breakthrough of 1.2507 with 1.2563 target. Stop loss = 1.2457.

    Reason for the trading strategy

    In April, Canada's GDP decreased by 0.1% (m/m), with an expected growth of 0.1% (m/m). These news is negative for the Loonie. Meanwhile, the Bank of Canada is unlikely to pursue another reduction in key interest rates in the country, given the stabilization of oil prices in Q2 2015.


    USDCAD, Daily


    To leave a comment you must or Join us

    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree