$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.
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.
