jabariofafrica

USDCAD... THE BULLS ARE READY!

Long
FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
Hey Guys,

Just like my previous post, I'm bullish on the dollar and so i'm bullish on USDCAD. Though this is not interesting to me because of where my stoploss is placed. Anyways, I've got other pairs that correlate so... I'm good!

Like I mentioned in my analysis of the dollar index, the dollar is approaching its exhaustion phase and this might be the last bullish leg. From next month, I will be bearish on the dollar (I guess).

What's your POV?

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