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StonysCapital

USDCAD Triggered my buy alerts.

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
StonysCapital  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns USD USDCAD
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trendanalysis chartpattern usd usdcad
$USDCAD bounced almost immediately off 1.31 region.

I have posted analysis for $OIL to start dipping, falling OIL prices often mean weaker Canadian Dollar.

All the talks about US Stimulus, feels like market already priced that in to weaken the USD.

Im expecting $DXY to recover and USDCAD to pump back up to 1.324 region. If takes off 1.324, could potentially rally higher all the way up to 1.333.






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StonysCapital
Early shorters are out, market could start dipping from now.
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