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Lanmar

USDCAD: Trend Continuation

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Lanmar Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD
3
0
usdcad
USDCAD will likely continue trading higher.
Comment:
A reminder this is nearly a half year pattern. I am mostly interested in this trade for the weekly close of last week as shown below.
snapshot
Comment:
Dollar gets crushed and this pair is still holding above trend line? Better believe the odds of this going higher are now significant.
Comment:
A fake-out is definitely in the cards.
snapshot
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