CXY has just hit a wyckoff spring as mirrored in my CAD/USD chart, albeit lagging. CAD it's on it's way to becoming one of the premier currencies of the world due to it's stability in geopolitically uncertain times and stringent banking regulation.
Evidence points to there being multiple reserve currencies in a new multipolar world as opposed to just the US dollar, with gold, not USD being the leading reserve currency now by total value in circulation. Only time will tell
Evidence points to there being multiple reserve currencies in a new multipolar world as opposed to just the US dollar, with gold, not USD being the leading reserve currency now by total value in circulation. Only time will tell
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.