26.07.2016
USDCAD
The pair was able to gain a foothold above 1.3200 level which can push it higher amid the continuous crude oil fall. Also, it is expected that Fed meeting results will be positive for the US dollar, which provides it with additional support.
The price is higher than the middle Bollinger band, higher than SMA5 and SMA14. RSI resides higher than 50% level and moving horizontally. Stoch turned downwards.
Trading recommendations: Sell the pair right afrer 1.3235 level is breached with probable target of 1.3290-1.3300.
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