From the weekly starting point, this is the top-down analysis on EURUSD and USDCAD Looking from the last cot report that was released, we saw the non-commercials heavily net short on the Canadian dollar, which is the catalyst for the big buy we saw on USDCAD, and the net short on the EURO dollar, which is also the catalyst for the huge sell-off of EURUSD. the live stream explains further details on technical analysis…
