Sorry, you need to enable JavaScript to visit this website.

USD/CAD Signal - CAD Industrial Production Price - 29 Sep 2021

You are here

Signal Details
Entry Price: 
1.2673
Take Profit: 
1.2560
Stop Loss: 
1.2750
Direction: 
Sell
How we trade
Average: 5 (1 vote)

USDCAD is trading to the downside prior to the CAD Industrial Production Price data, which measures price changes for major commodities sold by Canadian manufactures. Technically the pair has broken the ascending support trendline, and is now at resistance.

Live Broker Spreads

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.