Our first VIP chart from BTFD is going to look at longing (buying) into the USDCAD (also known as 'The Loonie')
Price has stayed above fridays close, shown with the purple line which is key for price to gather more gains
Strong USD pushing up on this pair with DXY trying to push up to over 97
CAD had some weak data late last week and early for this one
Indicators:
Cycle of Power showing more bullishness to come and not overbought at all, VixFix gave us a clear market reversal signal in green from 2 weeks ago RSI is starting to touch the overbought areas but still plenty of upwards price action here....
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