This is now undervalued and with the USD getting the buyers stepping back in due to the US MKTS turning over and money being taken out , there is a risk off mood as cases rise of covid 19 in some states of america and India .
This will see the both oil pullback and the CAD weaken .
Good trade we have set entry on the T/L on the shorter time frame .
Happy trading people
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Break this line where the arrow points and our trade will start to pull away upwards ...
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Trade is not active yet , decided to become a seller until the weekly T/L support comes into play its given too many reasons for the minute short term not to buy yet ...