26.12.2018
USDCAD
The pair is in uptrend above 1.3565 as the crude oil prices are falling again and the Fed is expected to resume its high interest rates policy.
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is on the level of the overbought territory. Stoch have left the zone.
Trading recommendations:
If the pair remains above 1.3565, it may continue going up to 1.3700 against the backdrop of decreasing oil prices.
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