USD/CAD Seen in Late Stages of an Ending Diagonal

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USD/CAD Seen in Late Stages of an Ending Diagonal

USDCAD is coming lower, after 75bp increased by BoC, but Rogers noted that the rates will need to be rised further. At the same time, we see USD making a strong reversal across the board while crude oil is trying to stabilize near 80-82USD. This makes a perfect case for some bearish price action. However […]

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