Looking at this currency pair trend over the past years using Market Timing Technique, i can notice that the price 110 which was a support range last year 2017 is now shifting to be a major resistance range zone for the past six moths of 2018.Last month May we saw it hit a low of 108 If the price will head lower on this stretch with the current economic...
4/24/2018-
On our weekly chart we can see that wti has been on a bullish trend pattern targeting the resistant point and can be confirmed by the 200EMA. This can be a good sign for USD/CAD since it has a 80% correlation for this currency. A buy setup can be executed here
