A post in the forum by Cam Fitzgerald prompted me to take a close look at the loonie’s long-term charts. They suggest that a sharp upturn in the CDN $ could be imminent, with the further implication that crude oil may be about to do the same. Check out touts in both for precise details that could be tradable.
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Agree with this call. This is a way of life for most Canadians, being aware of currency and also being tax effective. The risk reward on long loonie and long energy is very good right now. The bottom and the turn will bumpy.