Maximilianned

All Pairs vs USD - CAD SHOWN

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CME:6C1!   Canadian Dollar Futures


This is a pretty obvious chart of whats going on with CAD - you can see its sitting at 50% retracement with trendline resistance overhead.

This is now cyclical matter - DXY continues to make higher highs - and inversely CAD, Cable, and AUD are lower highs. This also means lower oil and Gold of course.

Based this chart this is a good point to short anyone of these.

See related chart below for more info

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