[B]Signal: Bearish but forming a bottom[/B]
[B]CAD: [/B] The % of total commercial positions that are long measured through a 52 week percentile is at 49 and the % of total speculative positions that are long measured through a 52 week percentile is at 67. The 13 week COT index is at 0, which increases the probability that the USDCAD has reached a short term top.