22.06.2018
USDCAD
The pair is trading above 1.3275. It’s reversing upwards as the crude oil prices rise and the soon to be released Canada’s consumer inflation data is expected to be positive.
The price is on the middle Bollinger band, below SMA 5 and SMA 14. RSI has left the overbought zone and is moving down. Stoch are falling.
Trading recommendations:
The pair is highly likely to go down to 1.3150–55 after it falls below 1.3275.
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