Extraordinary move up... extraordinary move down

U.S. Dollar / Canadian Dollar (FX:USDCAD)

FX:USDCAD U.S. Dollar / Canadian Dollar

The Bears seemed to win this one... for now. It demonstrates how much pent-up energy there is in this pair. When it finally breaks to the upside, it will be a run. Again.. watch OIL for a temporary top. If it breaks back above 1.2660 it could rocket.

Related Ideas

about USOIL

about USDCAD 1

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.