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marutgreif

USD/CAD possibilities of the Triangle outbreak

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
marutgreif  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns
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trendanalysis chartpattern
A triangle has formed. Now we have to wait until it breaks out in one direction. The CAD has devalued sharply due to the huge slump in the price of oil. Now at least a recovery could be in sight, which could push the CAD back up and the USD/CAD will fall.

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