25.05.2018
USDCAD
The price is trading above the level of 1.2900 as the crude oil prices correct and if they continue falling, the pair will likely go upwards.
The price is above the middle line of the borders of Bollinger bands, above EMA 5, but below EMA 13. RSI is above the level of 50% and is slowly growing. Stochastic oscillators are also growing.
Trading recommendations:
If the price holds above 1.2900, the pair will grow up to 1.2980.
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