LitSavage

CAD - Longer term view

Short
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Longer term view for CAD. Ideas on where we may see this market go over the next few months.

Although I believe we are in a longer term downtrend, the engulfing candle formed this week is a compelling sign we may be in for a few more weeks of retracement to the upside.
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