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Alex.Singletary

No clear direction atm

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Alex.Singletary Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
7
0
Bullish bias. IMHO CAD is overvalued. Expecting Dollar strength this week

EMA lines signaling bearish continuation.

Break of upper trend line should see 1.40.
Comment:
Trend line has been broken to the upside. Should see a little more consolidation here before taking off towards 1.40!
Trade active:
Long from 1.30055
Targeting 1.40 area folks
Comment:
snapshot
Here we go. Approaching resistance from May.
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