Wed, 17 Jul 2013 14:36:58 GMT
USD/CAD 4H Chart: Rising Wedge
Greenback-loonie cross seems to have been developing very well in the frame of the Rising Wedge pattern. Directional moves were rather clean, with some minor corrections along the way. However, due to these corrections and overall assumptions of Rising Wedge pattern pair magnitude (of movements) rating is at its highest suggesting that there is a major change of momentum gains