Sforex

Long U/C in the long term.

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
0
CAD is affected by OIL price and Gold price.

OIL and Gold decrease because many reasons.

So I think U/C will move to 1.0588 resistence level in the long term.

Gold and OIl decrease----> CAD devalue ---> U/C rallies.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.