Olu

UsdCad: Breakout ahead?

Long
Olu Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
3
Comments on the chart
Comment:
Idea still in play. Come breakout come...Price sold off today but found supply at 1.3135 a break of which would delay the idea but not negate it
Comment:
Still waiting for the upside breakout. Dire data about the CAD economy this week that helped recoup some losses in this pair
Comment:
price moved up today as Crude fell. A breakout is in sight now
Comment:
News came out that crude price was going to be stabilized. Crude jumped and usdcad tanked as it is correlated inversely with the price of crude. Crude is now looking strong so this idea might be failing...
Comment:
Price is threatening the upside again despite strength in crude oil. Are we seeing a divergence between oil strength and usdcad price movement?
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