04.04.2019
USDCAD
The pair remains within the existing range against the background of uncertainty surrounding the US-China trade talks, Brexit and the Fed’s future monetary policy.
The pair is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the level of 50% and is growing. Stoch have entered the overbought territory and indicate a possible pause in the price growth.
Trading recommendations:
If the pair remains below 1.3365, sell it as the drop to 1.3295 is possible.
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