NZD/CAD approached the resistance line connecting 2017 and 2018 highs (0.9280) and 78.6% Fibo level (0.9260).
Tag - cad - canadian dollar
Find out the trading opportunities for today!
Get clues on the trading on December 5
The Bank of Canada will make its rate statement on December 5 at 17:00 MT time.
On the daily chart of USD/CAD, the targets of "Shark" (88.6%) and "Wolfe Waves" patterns were implemented.
The pair closed below the trendline support line on Monday. MACD is declining.
What events this week will bring us
Trading plan for December 3
G-20 summit is the headliner of the day. Check how it will affect markets.
Canada will publish gross domestic product or GDP at 15:30 MT time on November 30.
On a daily chart of USD/CAD, the targets of “Shark” (88.6%) and “Wolfe Waves” patterns were reached.
Weekly Market Moves