fuse-forex
Short

Strong possibility USDCAD will drop with rising oil prices...

FX:USDCAD   U.S. Dollar/Canadian Dollar
62 0 2
Risk Disclaimer: The content published by this account is for demonstration purposes only and should never be considered financial advice.

USD/CAD: Short down to 1.2000 or lower. We believe crude oil             has stabilized above $30 and will eventually shoot to retest $70. We also believe the Federal Reserve will delay rate hikes and that the dollar will fall. In short, we believe the dollar is trading sideways to down, and that crude oil             is trading sideways to up. As the Canadian Dollar             is often correlated to the price of crude oil             – we have theorized that the USD/CAD             is setting up for downside.

https://www.youtube.com/watch?v=oFylwr4F94k
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