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UnknownUnicorn167917
Dec 4, 2016 8:51 PM

(sort of) Long USDCAD, Dec 5th Weekly outlook Long

USD/CADOANDA

Description

even though I am short the DXY & USDJPY, I think USDCAD could get a relief rally after last weeks news from OPEC. Higher gasoline prices should help boost this, but I see it ending the week flat. If the DXY itself sells off (I believe it will), USDCAD could go even lower. long til 1.3363 with a single stop at 1.3265
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