Comments on the chart
Comment:
Price is not playing ball with the bullish idea. Crude oil has been up 11 of the past 12 sessions and this is giving CAD some strength. All is not lost though.Still hanging on for a bullish move
Comment:
The bull flag has been confirmed. More upside is expected. Note this is a weekly chart
Comment:
The flagpole's high is being attacked at the moment. Crude oil sold off hard last week and usdcad moved up strongly. Still bullish
Comment:
Price has taken out 1.3600 area and could be heading for the extended target at 1.4000. It would not be in a straight line though so expect some serious setbacks along the way
