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Maximilianned
Jun 6, 2022 11:22 PM

Short Canadian Dollar vs USD  Short

Canadian Dollar FuturesCME GLOBEX

Description

Low volume today on the CAD Futures.

Volatility contraction before the expansion. Negative divergence is also obvious.

Looking for /6C to move down about a cent from .795 to to about about .785 - back to the 50% Retracement

Can easily move down two cents though to .77435 - that will depend on the SPX

Six hour chart.
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