APosner
Long

USD/CAD ready to bounce

FX:USDCAD   U.S. Dollar / Canadian Dollar
Crude Oil's rally would appear to be over and with will go CAD's strength, The retracement of the rally now lands in the vicinity of old support and the 61.8% retracement seen on the chart. As the trend and OBOS indicators have begun to turn up price will lead them higher.
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