CANADIAN DOLLAR / EURO
Long
Aggiornato

CommodityHeatMap - week 20

44
Nota
I am a bit lost as I attached link to google spreadsheet covering all futures contracts but can't see it. So my support for the idea is as follows: According to COT, commercials hedgers are selling and banks and funds are strongly buying futures which in my opinion is bullish. As US dollar move up looks to be supported by latest action of hedgers and speculators I prefer to play CAD against EUR. Additionally CAD is in strong seasonality pattern as per my study.
Nota
I am in the trade. The price action is not helping but it was good decision not to buy CAD against USD.

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