stephen.punwasi

USD to go higher against the loonie.

Long
FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
Support at $1.32 appears to be holding well. If the support trend continues to hold, I see it moving higher to the resistance of $1.3948 resistance established January 2016.

MACD appears to be bottoming, histogram is trending higher pointing to a potential reversal near term.

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