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TheForexWatch

USD/CAD looks like it could finally make a move

Long
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
TheForexWatch  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis
3
0
trendanalysis
On the monthly chart, the RSI is the lowest its been in a year and this currency pair has been bouncing back and forth between 1.278-1.355 for the past 2 years. With that being said I am expecting a move up here, to at least 1.35. from there USD/CAD might get rejected at previous resistance and make a move further down towards 1.23
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