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USD/CAD Signal- US EIA Short-Term Energy Outlook- 12 April 2022

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Signal Details
Entry Price: 
1.26492
Take Profit: 
1.24606
Stop Loss: 
1.27185
Direction: 
Sell
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USD/CAD is trading to the downside today prior to the US EIA Short-Term Energy Outlook. The Energy Outlook provides the U.S. Energy Information Administration’s near-term perspective on energy markets. We anticipate further US downside against the Cad into level 1.24606.

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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.