A test of the lows in Oil - Chart of the Week

Looking for a test of the lows in the very wide range as the global economy begins to slow we will start to see a shift inwards on the demand curve and price will need to correct.

As a result of this, USDCAD is also particularly interesting but remains in neutral with BoC hikes still underpriced on the CAD side.

Thanks for the support!

Commentaire:

Trump has forced the hand, enjoy the move.