Xoli

Potential Long Opportunity

Long
FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
My charts don't really show that as much of a support. I think we're past daily levels at this point. I see 1.25 as both psychological and its the weekly 200ema. But still risky until next week. CAD is particular strong right now due to oil and the dollar weakness is driving a really strong bearish sentiment, but I think its temporary. I don't think oil can sustain these levels.
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