Short USDCAD (potential mean-reversion)

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Short USDCAD (potential mean-reversion) USD/CADOANDA:USDCADdiegomurphyvI'm bullish CAD given extreme short-positioning and fundamentals have improved recently (see the CESI chart in yesterda's substack post). At the same time, USDCAD is trading at key levels, forming a triple top. I think we can see a potential mean reversion and CAD bears covering. I'm bullish CAD given extreme short positioning and recently improving fundamentals (see the CESI chart in yesterday's Substack post). At the same time, USDCAD is trading at a key level, forming a potential triple top. I think we could see mean reversion here, with CAD bears forced to cover. Substack link: https://diegomurphy.substack.com/i/205544558/cesi-index USDCAD