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Exercise-Discipline

USDCAD MEDIUM TERM LONG: Divergence on 4H

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Exercise-Discipline Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD usdcadlong
9
0
usdcad usdcadlong
Bullish divergence on 4H chart.

Also yield differential between US and CA to increase in medium term.

US 10 year should revert to incorporate 'normal' term premium - i.e. 25-50 bps.
Comment:
50% profit taken
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