AlkalineFX

USDCAD - Bearish Respect

FX:USDCAD   U.S. Dollar / Canadian Dollar
This pair must be treated as bearish until we start to see new structure emerge. I have marked the level of interest that I will be monitoring to see whether it gets respected (sells) or broken (buys), until then we must remain patient and sit on our hands.

According to COT Data Source - 79% are long

According to IG Client Sentiment - 66% are long

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