USDCAD

[IBIronFX]

Hello friends.

I have one doubt: If QE3 is being applied the USD will be DOWN or UP ?
in this case. USDCAD = Up trend till 0.99 ?

thanks.

 

[Enivid]

If QE3 applied, USD/CAD will probably continue its downtrend as it will be bearish for dollar (more dollars are printed - higher supply).