USDCAD relief rally

FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
Following the sharp decline we have seen consolidation with a slightly bullish trend
could see a rally up to the 50% level where the lower volume area of price is (rejections and thin price movement area)
This would provide good liquidity for the shorts that many see possible with the long term bearish bias many speculators seem to have on the dollar right now.


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