My prediction of 37$ failed slightly short at 36$. Currently the price is at a support level
(violet line) and I don't see any bullish
sentiment here (yet). I don't know if it will make another attempt from here to 37$ levels. However having said that, USDCAD
pair is so weak that if keeps on falling even with falling Oil
. If Oil
the fall of USD against CAD will only accelerate. I would recommend not to long USDCAD
at this very moment. Good Trades.