CAD currency collapse timeline.
Plotting a potential timeline for the CAD to collapse with a DXY going to 125. Looks like it may peak in the summer of next year. They may be forced to jack interest rates significantly at that stage, and makes the argument for a universal basic income, tied to a digital ID.
Short term ascending triangle would be the next structure to watch, with a measured move to 1.3657.
Short term ascending triangle would be the next structure to watch, with a measured move to 1.3657.
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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.