Canadian Dollar Futures
Short

Short Canadian Dollar vs USD

75
Low volume today on the CAD Futures.

Volatility contraction before the expansion. Negative divergence is also obvious.

Looking for /6C to move down about a cent from .795 to to about about .785 - back to the 50% Retracement

Can easily move down two cents though to .77435 - that will depend on the SPX

Six hour chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.