Fundamentally: We have risk in the global growth, turning USD higher and USOIL lower. BOC has a bearish view of CAD economy
Technically: We have USD still going strong, USOIL in a bearish trend. This is also reflected in the bullish trend in USDCAD. If you want to trade USDCAD, look for pullbacks
Technically: We have USD still going strong, USOIL in a bearish trend. This is also reflected in the bullish trend in USDCAD. If you want to trade USDCAD, look for pullbacks
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