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The Janitor Novice FOUNDER
Novice FOUNDER
CAD saw nearly -20% change from bullish to bearish in the last 2 weeks COT report. We have strenghtening dollar, with DECENT job market which can and most likely will push FED towards hiking interest rates to battle inflation. Other aspects of the economy in the US are also holding up relatively good, that is the reason we saw such sky rocketing DXY on Friday. I personally believe we will likely see USD/CAD breaking above the key resitance area. I personally am bullish and will be looking for buy opportunities. Lets see what CPI brings next week tho!!
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Jun 07, 2026 · 02:09 PM · 43 views
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