Earl_Poseidon

USDCAD is exactly on the resistance, huge uptrend prediction

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
price is on the resistance line which proved by Fibo extension. in the last two waves in 1 H time-frame the is convergence between candles and RSI. the first target is about 1.28000 and second target is 1.30000. We have uptrend graph in daily time-frame, too.

" The situation in the job market of USA has started to improve after sudden increase in initial Jobless Claims at beginning of December. Therefor, if the U.S. Dollar's index gets above the resistance level at 90 or 90.15 (Zernov.V, FX EMPIRE, ), we witness a huge uptrend."

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