USDCAD Short
Updated
In-line with my bullish bias on oil (oilprice.com/Energy/Energy-General/The-Permian-Boom-Is-On-Its-Last-Leg.html & wsj.com/articles/opec-reaches-consensus-on-oil-output-cut-pact-11561992296) and bearish bias on USD (bearish outlook for DXY based on its month of August to September seasonality + this dude and I are on the same page seeitmarket.com/us-dollar-index-calm-before-the-storm/). Need to be cautious still of any sudden volatility after summer especially regarding US-China trade "talks".
Weekly:
Monthly:
DXY:
Oil:
Weekly:
Monthly:
DXY:
Oil:
Trade closed manually
Same logic as AUDUSD, taking advantage of a few gains now before DXY possibly goes up to 100 next week.
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