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.
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.