CADUSD and BRLUSD are similar

Reposting this idea with CADUSD as the ticker.

Canada is basically an EM like Brazil, except without the trade from the USA.

Both Canada and Brazil services sector are 70% of GDP (70% vs 73%).
Both depend on oil and resources for revenue.

Giao dịch đang hoạt động:

Looks like CAD will follow BRL.