USDCAD neutral

Waiting for USDCAD’s growth

10 January 2022 489
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Friday, January 7th, marked another publication of employment statistics of the USA and Canada. The number of the employed and the unemployment rate had declined which created a nice opportunity for trade with rollbacks.


Today, the pair is being traded near its daily support at 1.2635. And currently we can see a Harami cross on the chart. 


Waiting for USDCAD’s growth - Photo 1


If the pattern gains its full shape by the end of the day, we can expect growth to resume towards 1.283.  

This content is for informational purposes only and is not intended to be investing advice.

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