31.05.2019
USDCAD
The pair has reached yesterday’s target and may continue growing if the oil prices resume falling, while today’s US inflation data indicate positive dynamics.
The price is above the middle Bollinger band, above SMA 5 and SMA 14.RSI is entering the overbought territory. Stoch are also moving in this direction.
Trading recommendations:
If the pair passes 1.3550, it will continue further up to 1.3600.
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