Planning to sell USDCAD now and buy it at 1.2750
Commento:
1.2750 can be a breakout zone with quite high probability, taking into account we will face FOMC decision in coming days. Decision to leave the USD rate at 0.5% can trigger a downward movement for USD.
Commento:
Scenario did not work, the resistance level was broken on 13.09 and became support, price bounced off it and is more likely to reach 1.3350 before going down.