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ZakTheMak

USDCAD Long/Buy Opportunity

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
ZakTheMak  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Fundamental Analysis Trend Analysis Beyond Technical Analysis
8
0
fundamental trendanalysis beyondta
USDCAD appears to have reversed at support - forming a potential double bottom.

CAD has been weakened by a lower than expected interest rate hike from the Bank of Canada. - and it appears as though the market has shifted and is now beginning to sell off the Canadian Dollar.
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