If you’ve been watching USD/CAD this month, then you’ll know that the pair has been in an observable uptrend since bouncing from the 1.3600 handle a few weeks ago.
But it looks like the bulls have been having a hard time breaking…
Number of traders net-short has increased by 0.04% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIUSD/JPYBULLISH12.32%87.68%-27.42% Daily-13.62% Weekly9.95% Daily0.04% Weekly3.39%…