Bullish divergences present on H4 and H1 chart. Hope the price maintains the channel. USOIL is going a little bit higher but remains the downtrend, so this pair should go up…
There is a bearish shark projection pattern on H4 chart, so if the price goes up, following this pattern on H1 chart, the target for this trade could be around 1.40
There is a bearish shark projection pattern on H4 chart, so if the price goes up, following this pattern on H1 chart, the target for this trade could be around 1.40
Comment:
USOIL is pushing up, so I expect a drop in USDCAD at least to 1.37 (near support at 1.3638)
