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Is it time now?uhm…loonie

by Gav Leave a Comment

This is a longer timeframe analysis. USDCAD has been consolidating for a period of time. And now looks interesting. I am putting my bet on short side. I mean, I am positive of CAD. Other considerations include the weak, messy, troubled USD and the the relationship of CAD and oil price…uhm…. Let’s see how it works out.

Here is the…..CHART!

[photopress:usdcaddaily.gif,full,1]

Some statistics here

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By Trader Gav

Filed Under: Trading Journal Tagged With: FX, Trading Journal, USDCAD

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