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franklincapital

USDCAD Possible channel breakout setting up

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
franklincapital  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators CAD USDCAD canadadollar breakout Oil oilprice
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trendanalysis chartpattern indicator cad usdcad canadadollar breakout oil oilprice
Futures on Oil is moving into bullish territory with a target of $45-55 pbl by mid to late summer or higher...
Canada is Oil country, this target or higher will get the rigs back in full swing.
Will this be the channel that leads back to a stronger CDN dollar.........maybe.
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