USDCAD is deeply overvalued Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Feb 24, 2015 11:23 AM

USDCAD currency pair is trading higher than 55 Moving Average on M15 timeframe so we are considering a downward movement for this currency pair from the level of 1.26450 on European stock trading session until 12:00 GMT today.