USDCAD MEDIUM TERM LONG: Divergence on 4H Long

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Jan 12, 2017 2:13 PM

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

⋅ Jan 20, 2017 3:51 PM

50% profit taken

USDCAD usdcadlong