USDCAD

Hi guys. Just a few thoughts about USDCAD. It looks like a good opportunity to short this pair, it took a break from falling down with news about possible Iran deal. However, USOIL is heading to $140-150 and FED is going to increase the rate only for 25 basis points (Russian invasion of Ukraine). So it is very likely short term increase in risk sentiment combined with oil prices surging high - very strong argument to short this pair.

Good luck.
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