If You Like Oil Short Here; You Should Probably Like USD/CAD Long...

Below is USD/CAD daily (black bars) versus WTI crude futures (price inverted red line so you can better visualize the ongoing tight correlation between the two price series. If oil breaks down here (red line moves higher), this correlation indicates $-CAD is likely to follow.

022519 oil vs cad.png

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 ...

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