USDCAD - DXY Confusion

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Jan 10, 2021 10:26 AM

This pair has not been moving smoothly recently due to DXY confusion. I would expect bearish momentum before the bulls decide to get a hold of this pair and drive it to the moon as illustrated.

Comments

FXKing009

⋅ Jan 10, 2021 10:34 AM

Looking for the same

AlkalineFX

⋅ Jan 11, 2021 11:21 AM

@FXKing009, DXY is king!