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truthreveller

Short CADUSD

Penjualan
Dollar Kanada / Dollar AS (FX_IDC:CADUSD)  
truthreveller  
FX_IDC:CADUSD   Dollar Kanada / Dollar AS
Trend Analysis Trend Lines
3
0
trendanalysis trendline
The trend has not changed.

  • Looking at the green oval highlights the same pattern playing out again.
  • The trend of US raising rates and Canada not raising rates has not changed.
  • This will put a lot of downward pressure on CADUSD
  • The CADUSD should continue to fall back to the low of 2016 then bounce, unless Canada raises rates at next meeting, but unlikely.
  • US trade tariffs have been delayed on Canada but still has possibility of affecting the Canadian dollar.



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