alexkyp

USDCAD potentila SELL

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
The pair managed to drop through the drop of the Us Dollar index on Friday but it faced a lot of support around the psychological line of 1.34.
We can expect the pair to retest the 1.3470 to form a triple top before it could drop further.
There is no big moves on oil prices as there is confusion between the US China relations (worsening demand) on -(ve) side and reduced oil rings that drive the prices higher on the +(ve) side.