USD/CAD
In a perfect world, I see this playing out. Reasoning (forecasted): BoC increasing interest rates forming double bottom - US inflation MoM is up indicating further interest rate hike might be put in place making USD gain some momentum till supply. If we broke the "W" then a long position should be beautiful. This is all just from the forecastig data available, a whole different scenario might play out. Kindly leave your comments as I'm learning and would love to hear other point of views. Cheers!
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