USDCAD Targets, Fall Lower On Further Profit Takes?
Initial Dollar strength has waned post FED boost yesterday.
Lesser cut bets mean more feeding into USD.
BOC seemingly happy to ease, causing persistent weakness.
I would use the first exit target (south) for shorts. Sentiment case longer term still remains heavy USD.
Lesser cut bets mean more feeding into USD.
BOC seemingly happy to ease, causing persistent weakness.
I would use the first exit target (south) for shorts. Sentiment case longer term still remains heavy USD.
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