Maxmillian
Short

Move coming to an end in USD/CAD?

FX:USDCAD   U.S. Dollar/Canadian Dollar
Bonjour,

looking at the monthly chart of USD/CAD, we can see that we've had a completed measure price move. In addition, price continued to head north and hit the 1.272 extension of the previous move which would corroborate the thesis that the CAD needs to take a breather here (from a long term perspective).

Our members have enjoyed the great trend that has been pushed by great momentum all of 2015 ... will this pair be equally as good in 2016? What's your bias?

À bientôt,
Maxmillian DuPont
(www.myfxlifestyle.com)

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