USD/CAD – Looking for One More Pop

Another pair that’s gone sky high.

New lows for the Canadian dollar against the U.S dollar.

No doubt, it looks really toppy at this point (same goes for NZD/CAD), but it could go for 1-2 spikes higher. And if it does? Then I’ll get into the trade.

Otherwise? Will wait for a better opportunity.

Watch oil price.

Only time will tell where this baby moves from here.

Either way, just like crossing a road, safety comes first.

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