Calling for USD/CAD long with be a kamikaze mission. But I do not care.
I write what I see.
In the long term, we are "surely" in de-dollarization phase but for the immediate term we may see the swing back in USD/CAD.
One of the reason is due to the weakness of oil as well.
Bearish Oil can be loosely translated to USD/CAD.
Pls see arrows for the potential target.
If you are not comfortable with going USD/CAD long, you can try long on GBP/CAD (or) AUD/CAD as well.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery dot come is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.
I write what I see.
In the long term, we are "surely" in de-dollarization phase but for the immediate term we may see the swing back in USD/CAD.
One of the reason is due to the weakness of oil as well.
Bearish Oil can be loosely translated to USD/CAD.
Pls see arrows for the potential target.
If you are not comfortable with going USD/CAD long, you can try long on GBP/CAD (or) AUD/CAD as well.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery dot come is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.
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