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USD/CAD Signal - USD Vice Presidential Debate - 8 Oct 2020

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Signal Details
Entry Price: 
1.3255
Take Profit: 
1.3210
Stop Loss: 
1.3300
Direction: 
Sell
How we trade
Average: 5 (1 vote)

USD/CAD is trending to the downside today prior to the USD Vice Presidential debate. We anticipate continued USD weakness during the debate. Technically the pair is trading below the 30m 50 moving average. We anticipate further downside into the 1.3210 level.

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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.