Hi All,
here's an update for USDCAD, the pair is making its way to an important top, which will probably be the last one for this year. Once we reach 1.43-44 I think we will enter a correction which will last till end Aug - aligned with a correction with SPX, which will start once we see the decline complete itself at 1730 or below.
Still a couple hundred pips to collect in this pair, but not really attractive any more. I would wait for a short end Jan.
here's an update for USDCAD, the pair is making its way to an important top, which will probably be the last one for this year. Once we reach 1.43-44 I think we will enter a correction which will last till end Aug - aligned with a correction with SPX, which will start once we see the decline complete itself at 1730 or below.
Still a couple hundred pips to collect in this pair, but not really attractive any more. I would wait for a short end Jan.