Short Bias USDCAD

١٦ أغسطس ٢٠٢٠

Looking to see the pair rally with early DXY strength expected before selling off as long term the USD is still in a bearish trend. We could also get some consolidation between 1.32/1.33 before it decides to continue its bias. Watch for areas at 1.32 breaking on the daily closing basis as this opens up lows of 1.29/8



NOTE: THIS IS NOT FINANCIAL ADVICE AND IS PURELY FOR EDUCATIONAL PURPOSES ONLY