USDCAD lost around 14.5% of its value since 15 Jan in 73 daily candle
the corrective move now is up around 9% in 151 daily candle
we are waiting the rejection from fibo 50% or 61.8% to sell targeting 1.2500 on the long term
OPEC deal is useless to me but I think that it would support the downside move for the ...
1- it broke the ascending trend line
2- trading under MA 100
3- strong negative volume
4- OPEC wont reach a deal at the end of the month as Iran is increasing its oil output
5- Trump promised that US will not need to import oil and it will increase its output
6- OPEC output registered its highest record in ...