nh53019

USD/CAD to retrace in coming weeks

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
0
I see that this pair will start heading south and my first target is 1.1320 and then I will do some analysis to decide whether to remain short or to wait in the sideline to take a short.. I think we may not get further long this pair as Oil is seeming to bottom in near future which will benefit CAD.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.