FED to Increases Rates?
USDCAD – This pair has a potential to break up if the FED increases rates tomorrow. If the market should push beyond the resistance line area of 1.3130/40 area we might see this pair at the 1.3160 and 1.3180 region.
USDCHF – Yesterday we got the bounce right for this currency pair because of the Fibonacci retracements and these retracements still hold true. So as the market retraces buying at supports considering the FED will highly likely raise interest rates may be a good idea in the direction of the up move.
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