Mon, 15 Jun 2015 07:55:21 GMT
USD/CAD 1H Chart: Ascending Triangle
USD/CAD is ready to break out of the pattern. However, the signals are conflicting. The pattern itself indicates that the demand is building up. On the other hand, for a few days before the ascending triangle the market was bearish, and the price is below the long-term SMA. At the same time, the technical studies are mixed.If the rate closes