COT 04/06

Published April 7th, 2009 - 12:13 GMT
Al Bawaba
Al Bawaba

CAD:  The 13 week index has increased from 0 and is at 17. 




This is bullish for CAD individually, but beware of shorting USDCAD (because USD is bullish as well).  A cross that one could play CAD strength with is AUDCAD (short).

Implications: bullish