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USDCAD Triggered my buy alerts.
U.S. Dollar / Canadian Dollar
Long
USDCAD Triggered my buy alerts.
By StonysCapital
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Oct 20, 2020
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Oct 20, 2020
USDCAD
bounced almost immediately off 1.31 region.
I have posted analysis for
OIL
to start dipping, falling OIL prices often mean weaker Canadian Dollar.
All the talks about US Stimulus, feels like market already priced that in to weaken the USD.
Im expecting
DXY
to recover and USDCAD to pump back up to 1.324 region. If takes off 1.324, could potentially rally higher all the way up to 1.333.
Chart Patterns
Trend Analysis
USD
USDCAD
StonysCapital
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Early shorters are out, market could start dipping from now.
by StonysCapital
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