I do not think it has too much downside potential. I am overally bullish USDCAD, which is in line with DXY bullish formation posted earlier.
Note
Still validNote
We are moving as expected. However I would reduce by 50%, and wait if we can get above 1.347, if so stick to the plan.
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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.