After a catastrophic Canadian Gross Domestic Product for December and Quarterly Gross Domestic Product, it looks like the Canadian Dollar is going to fall during the months to come. Looking at the USDCAD chart, the pair broke out of a triangle pattern. A close above 1.30 would confirm the breakout and open the way to the 1.4000 ~ 1.4500 area. This is a good opportunity to buy a bull call spread on the CDD FX Index.
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