APosner
Long

$USDCAD bullish bounce should lead next leg up

FX:USDCAD   U.S. Dollar/Canadian Dollar
103 2 0
$USDCAD has been rallying since September but consolidating more recently. With this bounce USDCAD             has another chance to take out $1.05 and move higher.
Great call. This guy sees it going all the way to 1.10 http://www.dailyforex.com/forex-technical-analysis/2013/11/USDCAD-Daily-Outlook-Nov-22-2013/26379, I agree now that the major bearish trend line has been taken out, but Friday’s fall from 1.0565 suggests it might take some time to break 1.06.
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More getting bullish on USD/CAD - http://seekingalpha.com/article/1847322-usd-cad-loonie-edges-higher-as-foreign-securities-purchases-jumps?source=yahoo
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