Hey guys
USDCAD got excited due to fallen oil prices and dovish tone from BOC. However, January is not great month for Canada, all data will be negative for Canada in January.
USD will fall.
SO this pair is going to fall as CAD will slightly strengthen and oil prices will go a bit up before it goes down to 40 usd.
USD will crash hard and this where or 300 pips are coming from. So we will short from 1.36 if it goes up 1.365 short again if it touched 1.37 sell again. Be ready for this. It will not go higher than 1.37 and I doubt it will even pass 1.362.
SELL SELL SELL
thanks