Audio By Carbonatix
The bearish momentum on the USD/CAD Pair which became apparent in the month of June remains valid.
Last week, we saw a bearish fakery setup develop at key resistance level 1.32827 as the president of the United States, Donald Trump tweeted that the US Dollar is too strong and that a strong Dollar does not make US exports competitive in the international markets and so the Fed should take steps to weaken the US Dollar.
This presents no brainier selling opportunities for traders who aren’t already short on this pair.
Click this link to access the full document.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
US launches fresh strikes as Iran closes Strait of Hormuz
20 minutes -
2026 World Cup: England come from behind to beat Norway and reach semi-final
52 minutes -
IPR Ghana inspires Good Shepherd R/C JHS students to champion environmental sustainability
2 hours -
Kenpong suffers serious injuries after freak domestic accident
2 hours -
Sixteen starve to death in Uganda as drought kills crops
3 hours -
Iran supreme leader calls for revenge for father’s killing
4 hours -
Black Maidens seal U-17 Women’s World Cup qualification after shootout win over Senegal
5 hours -
Illegal sand winners will face the law – Ningo-Prampram MP warns
6 hours -
Trump administration subpoenas New York Times journalists over Air Force One reporting
6 hours -
Aseidu Nketia urges greater investment in Ghana’s youth to unlock demographic dividend
6 hours -
More than 40 kidnapped children and teachers freed after Nigerian army operation
6 hours -
Saudi Arabia overlooks Somali tensions with military support for outgoing president
6 hours -
US pays out $3m to victims of mystery Havana Syndrome condition reported by spies
7 hours -
Landmark US housing bill becomes law despite Trump protest
8 hours -
Ann Widdecombe attacked nearly 24 hours before she was found dead, police say
8 hours