forexandi

Looking for further CAD strength

Short
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
With oil prices likely to increase because of Hurricane Harvey, and improving economic picture across Canada and continuing political and economic concerns around the US I'm looking for the CAD to strengthen against the USD. I'm looking for a break of the long-term upward trend line, retest and a possible target around 1.19 from previous levels.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.