USDCAD seems to resist the weekly trend

1 249
Hey Traders, USDCAD have attended an important weekly zone and now seems to be rejecting it. in tomorrow's trading session i will be watching a selling opportunity around 1.385 supply and demand zone at the trend, if CPI data on Tuesday comes above expectations i would expect a trend breakout as that signals more hawkish monetary policy and more of Dollar strength over commodities, if CPI comes soft i would set 1.34 as a target as it's considered the next major support zone USDCAD will be facing.
Trade safe, Joe.

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