AdrianRaymondFX
Short

Negative divergence on USD/CAD

FX:USDCAD   U.S. Dollar/Canadian Dollar
There's currently a clear negative divergence on USD/CAD             , which gives me the impression that the CAD will start rebounding (already has against the GBP). EUR/CAD might be a good short candidate below 1.43 while USD/CAD             could very well fall back below 1.29 with this divergence. Please see my related idea on EUR/CAD for a possible CAD long strategy.
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