USDCAD is overvalued on M15 Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Feb 23, 2015 12:23 PM

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 1.25910 on European stock trading session until 13:00 GMT today.