FX:USDCAD   U.S. Dollar/Canadian Dollar
168 3 4
My suspicions that USCAD might be getting tired were absolutely groundless (see related chart). It seems that it just accumulated strength to break higher again and perhaps go for another try to take the 1.15 mark.

As awalys, staying with the trend is safer.

Related Ideas

Olu
2 years ago
I am with you on this idea. I think the $ is back
Reply
capitalpropertiesfx Olu
2 years ago
it should not be a USD move (at least not yet). Most likely it will go higher due to CAD weakness which is suffering togehter with $OIL.

All in all - further upside should be in the cards.
+1 Reply
Olu capitalpropertiesfx
2 years ago
I agree with you. This move is not about the dollar. I said that because I see the dollar strengthening in some other pairs after some sideways movement
Reply
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