USDCAD heading higher as uncertainty hits in the coming season

It is my opinion that as we head into uncertainty in the flu season that we will see fear coming back to markets and that there will be refuge towards the US dollar, given that it is the reserve currency of the world. We have seen a typical boom and bust pattern in the pattern but I think we have reached fair value for the time being, but I only see the dollar getting stronger against other currencies for a few months to come.

Trade chiuso: obiettivo raggiunto:

Took some profits off the table and protected my entry. Risk free trade.