Hello Traders!
Here we can see UCAD has broke the 20 look back low.
We could see retail traders get trapped below this low and commercials increase longs.
If we look at the CAD futures contract we see the opposite. Price breaks the 20 day look back high.
I would favor this pair this month as the seasonal charts and liquidity low looks to match up.
Here we can see UCAD has broke the 20 look back low.
We could see retail traders get trapped below this low and commercials increase longs.
If we look at the CAD futures contract we see the opposite. Price breaks the 20 day look back high.
I would favor this pair this month as the seasonal charts and liquidity low looks to match up.
