Long U/C in the long term. Long
U.S. Dollar/Canadian DollarFXCM
Opis
⋅ CAD is affected by OIL price and Gold price.
OIL and Gold decrease because many reasons.
So I think U/C will move to 1.0588 resistence level in the long term.
Gold and OIl decrease----> CAD devalue ---> U/C rallies.