This is the most important question you should all have- will our shorts break the 2009 major demand zone?
If not, we could sink significantly further, which will spike USDCAD significantly. You should have taken your shorts a while ago now here, and definitely should have gone long with USDCAD at the same time.
Whilst Crude is in a storm at the moment, if we break the lows of the 2009 demand, we could see real low prices, and if we break, this idea with suggest ideological targets and areas to consider TP's/Entries, etc.
Best of luck with your trading,
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Oil and usdcad start going opposite directions in end of Feb. and in March.. so till that i expect both to continue in same directions... retracements will be buy in usdcad and sell in oil...