30.05.2019
USDCAD
The pair stopped at the level of 1.3500 due to the local recovery of oil prices. However, if they reverse downwards again, and today’s US GDP data are strong, the pair may surge upwards once again.
The price is above the middle Bollinger band, below SMA 5 and above SMA 14. RSI is above the level of 50% and is moving down. Stoch aren’t informative.
Trading recommendations:
If the pair remains above the mark of 1.3500, it may resume growth to 1.3550.
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