14.01.2019
USDCAD
The pair is reversing upwards as the crude oil prices are again going down, while the USD rate is stabilizing. If these trends remain, a local growth of the pair is expected.
The price is above the upper Bollinger band, above SMA 5 and SMA 14. RSI is passing the level of 50%, thus suggesting to buy. Stoch aren’t informative.
Trading recommendations:
If the pair remains above 1.3265, it may trigger a local growth up to 1.3365.
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