fxstreet.com 17 Feb, 2021 13:45 am

USD/CAD bearish zigzag targeting new lows

USD/CAD bearish zigzag targeting new lows
The USD/CAD has reached the POC zone. We could see a drop as the price is in a downtrend. 1.2705-30 is the POC zone. We could see a drop off the zone

2050 after US retail sales leap by 5.3% EUR/USD has fallen below 12050, extending its falls after US retail sales leaped by 5." US retail sales exceeded all estimates with a leap of 5.Furthermore, trading may also involve a high volume & frequency of trading activity.

Each trade generates a commission and the total daily commission on such a high volume of trading can be considerable.This activity may result in the loss of more than 100% of an investment, which is the sole responsibility of the client.

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