USDCAD Short Position

٢٧ ديسمبر ٢٠٢٠

We expect over the coming days with the end of the year soon, to see the USD lose steam as liquidity will come back into the market which and to favour risk-on assets.

US oil has also been getting stronger due to positive news as global demand may build up momentum.

Short CAD:
Stop - 1.2910
Target - 1.2650