Quote:
Originally Posted by Jason Rogers
USD/CAD nearing the lows made back in very early June. I can just see everyone try to buy a bottom right here. Maybe watching to see if oil can push through 70 and continue moving higher to the 75-80 range for a break of the low. CAD economic calendar is light next week, with only significant event I see being GDP release on July 31, so possible holding patter until then.
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So far, I have not seens any reverse signals on this pair.. though I am waiting for buying opportunities.