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handalfavio
Aug 12, 2020 4:38 PM

USDCAD - Very good proxy of Dollar Index - Pivot 

US Dollar/Canadian DollarSaxo

Description

This currency pair is just on the brink of breaking down, or maybe hold the trend line and bounce big time in line with DXY. They move together very nice correlated.

We need a monthly close to take any SELL action below the main trend line.

Again in line with the rest of important pairs EURUSD, GBPUSD, and DXY we have to wait a little bit and see what the market decides

regards



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