See commentary on the graph
I am pro the short at this stage but i am keeping an open mind for a potential cup with a handle forming.
I will feel more confident once 1.317 is broken with a daily close below this level
Keep your eye on the oil price- If WTI breaks below $50 the canadian dollar will show weakness, so USDCAD will make new highs
I am pro the short at this stage but i am keeping an open mind for a potential cup with a handle forming.
I will feel more confident once 1.317 is broken with a daily close below this level
Keep your eye on the oil price- If WTI breaks below $50 the canadian dollar will show weakness, so USDCAD will make new highs