By Peter Stoneham — Nov 14 - 02:55 AM
USD/CAD records a fifth consecutive new daily high, 1.4019
Had seen the USD struggling above 1.4000 but the bull trend very much alive
Our 1.3990 offer met and we are positioned for corrective pullbacks
A high risk trade but momentum readings are nearing o/b levels
Daily RSI is confirming the 1.4019 rally, no divergence but a 68 reading
The below market Nov. 20 cloud twist yet to have any influence
USD/CAD Trading Page TGM2345
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Source:
Refinitiv IFR Research/Market Commentary