We finally saw the reversal higher on USD/CAD last week, with a notable bullish engulfing candle strongly suggesting an important swing low. I take a quick look at last week's signal, update the analysis then wrap up on Canadian dollar futures positioning.
Matt Simpson, Market Analyst at City Index and Forex.com
Matt Simpson, Market Analyst at City Index and Forex.com
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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.