USD/CAD potential long
Daily is showing strong upside momentum since Oil peaked at $62 a barrer and it now rejecting/retested lower prices
Upside target personally I see 1.34400 being reched if oil doesn't rall off anytime soon,
Will be taking profits rather quick on this long due to the unstability with oil correlation. Already up 40 pips from prevision postition on suppport
Daily is showing strong upside momentum since Oil peaked at $62 a barrer and it now rejecting/retested lower prices
Upside target personally I see 1.34400 being reched if oil doesn't rall off anytime soon,
Will be taking profits rather quick on this long due to the unstability with oil correlation. Already up 40 pips from prevision postition on suppport