SteynTrade
Long

USDCAD one more leg up?

FX:USDCAD   U.S. Dollar/Canadian Dollar
We have been moving along the cloud for some time. The price reacted to the yearlyPP and I was wondering if the market had started the big impulse CD leg. However, I think we could see on more leg up this week before the move down. When the Chico Span reaches price we can expect things to start happening. Volumes are still low and we can expect a volume spike before the move down.
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