frank.germain
Long

USDCAD Long from the consolidation triangle

FX:USDCAD   U.S. Dollar / Canadian Dollar
44 1 2
FX:USOIL             has broken horizontal trendline support and should consolidate lower. This is going to support USDCAD             to appreciate in time. Gold             is really hot right now so that's something against the pair but if Gold             starts to top out, correlation should do its work here and get a nice price adjustment on the pair. Primary long term up trend still intact and fundamentals in Canada are bad...
Was a slow starter but the price has started to trend in the right direction!
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