Fri, 01 Aug 2014 13:42:08 GMT
USD/CAD 1H Chart: Channel Up
After a month of no trend USD/CAD has finally started to move in one direction, namely North. However, in the very short run there is likely to be a sell-off, since the currency pair is about to hit the upper trend-line of the pattern at 1.0960, which is reinforced by the daily R2 and Jun 5 high.Then we will expect