KingCoon

USDCAD Update April-12-16

FX:USDCAD   U.S. Dollar / Canadian Dollar
5
USDCAD could be a buying opportunity soon. RSI is below 50 and CCI dropped below -200 for the first time in a year. Watch for a CCI break above -100. Strong resistance at 1.321, so if this holds then there should be some solid upsides.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.