GarryBartsch
Short

USDCAD Topping After Rally

FX:USDCAD   U.S. Dollar/Canadian Dollar
18 0 0
The last three days have small bodies with long upper shadows showing the market rejecting higher prices. Coming as it does after a significant rally and roughly half way down from the 1.28 peak I am expecting a fall. The currency will have implications for oil             . I am bullish on oil             even though it may hesitate a bit after last Friday's big move up. Expectation: oil             and CAD up.

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