workingtraders
Long

$USDCAD with $WTI showing signs of weakness. Correction rally?

FX:USDCAD   U.S. Dollar/Canadian Dollar
Technicals on the chart.
Pink dotted line is where the previous rate cut happened. (Old resistance)

Looking for it to hold here and test 1.2300s area.


Fundamentals on related idea.

Related Ideas

wwfm
2 years ago
agree, oil prices a falling again and taking down CAD
Reply
workingtraders wwfm
2 years ago
At the least a small pull towards 54.00
+1 Reply
IvanLabrie PRO
2 years ago
Same view. I'm aiming for a retest of the high but we'll see.
+1 Reply
jangseohee
2 years ago
saw the divergence 2 days ago and long at 1.19400
snapshot
Reply
Agree. Looking to see this go long and CADJPY continue downwards.
Reply
workingtraders
2 years ago
very nice follow thru :) nice pips bagged.
Reply
IvanLabrie PRO
2 years ago
Working great!
+1 Reply
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