We have a thriving Canadian Dollar (as per showing on CXY H4) which approaches resistance levels on Daily. USDCAD has been consolidating for more than a month and a half. Should we get a strong rejection and a close above the bottom of the consolidation area, I wouldn't be surprised to see price return. The DXY should gain value over the next few weeks as measures to relieve Covid-19's economic impact is slowly beginning throughout the US.
Targets based on structure on both SL and TP.
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