2017-05-28_12-12-07

CADUSD: 05/28/2017

The chart above presents my phasing analysis on the CADUSD or the USDCAD inverted chart. It seems evident that the CAD has put in an 18 year cycle low recently and much higher prices are likely around the corner. This hypothesis fits in well with our generalized bearish outlook on the USD as depicted in[…]