CAD ready for a sustained upmove?

Long

CANADIAN DOLLAR / SPECIAL DRAWING RIGHT (FX_IDC:CADXDR)

FX_IDC:CADXDR CANADIAN DOLLAR / SPECIAL DRAWING RIGHT

CAD CAD

cad cad-dollar

Since yesterday's hawkish comments from members of RBOC, CAD has been the best performer.

After putting a higher high CAD has since been in a free fall until it backtested the LT downward trendline.
I will watch any pullback to get on board despite rather weak oil prices.

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