RoyanC

Short Term Long to Long Term Short Possible

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
We are hoping to see early retracement on this pair so expectations are for it to head to that 1.35 zone before dropping off again as the market seeks to correct Pre March. With growing concerns for the reopening of the economy, we can see the targeting of that liquidity zone at 1.325 with settling there as news last week for both pairs was relatively good.


NOTE: THIS IS NOT FINANCIAL ADVICE AND IS NOT TO BE TAKEN AS SUCH. THIS IS STRICTLY FOR ANALYTICAL PURPOSES ONLY.
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