Over the last few months the USD has been gaining against other major currencies in the Forex markets. Now in the USDCAD we're at a big inflection point, one where we're either going to see a top in the USD and the continuation of the USD bear or we're going to see an epic breakout of the bear traps and entering into the strongest USD rally in over 10 yrs. I am currently strongly positioned for the latter. We might have a huge USD bear later, but we might be setting up for the big last dance before that.
Strong risk off warnings in the USD. The "Fear trade" looks real.
Strong risk off warnings in the USD. The "Fear trade" looks real.
