Get started
CrosbyVenture

Canada Blow Out -

Short
U.S. Dollar / Canadian Dollar (FX_IDC:USDCAD)  
CrosbyVenture  
FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Beyond Technical Analysis Fundamental Analysis USDCAD CADUSD canada macro
7
1
trendanalysis beyondta fundamental usdcad cadusd canada macro
Looks like the US is doing a temporary border closing. In conjunction with a flight to safety (USD Index at all time highs), it's a brutal move for USDCAD.

2016 highs being re-tested here. I'd say you have to take the other side of this (Long CAD) as there will be a retrace back to normalcy. Trade to continue between countries.
Pierce Crosby
GM, Americas @ TradingView
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.