Possible interim top for USDCAD. Crude oil making fresh new lows, but USDCAD not making new highs. This is a tell-tale sign of a possible divergence from the CAD/OIL correlation.
Look to short near the recent high.
Short USDCAD 1.3200 SL 1.3300 TP1 1.3000 TP2 1.2800
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.