Deep-Peat-Shark

UC back at 1.24

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OANDA:USDCAD   美元 / 加元
Exciting times for UC again at 1.24.

That was a long lasted testing of selling pressure by the bulls, from breaking back up early July till today.

Let's see if it follows through with the earlier predicted multistep short. Time is still on our hand but to make it all the way down to parity, I doubt it.

US economy has shown some positive growth numbers lately, however we should not ignore competitive pressure from the easy here.

Interesting side note: Personally have been targeted with US quality product ads recently more than the months before. Anyone else noticed this seemingly upstep in global trade competition by the USA?
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