Short USD/CAD Here? Divergence With Oil
We shared this chart as some rationale for shorting USD/CAD this morning...we should find out soon if it works. USD/CAD 4-hour (gold) Vs. Oil Futures (price inverted purple): A nice divergence here; CAD and oil are usually tightly correlated.
(Click on image to enlarge)
Disclaimer: Futures, Forex and Option trading involves substantial risk, and may not be suitable for everyone. Trading should only be done with true risk capital. Past performance either actual ...
more
How did you like this article? Let us know so we can better customize your reading experience.
Comments
Leave a comment to automatically be entered into
our contest to win a free Echo Show.
