FX:USDCAD   U.S. Dollar / Canadian Dollar
Fundamentals:- After the Canadian data slipping for CPI last week the much gained CAD took a turn. WTI Light Crude which also links to the value of the CAD seems to be taking a bit of a down turn. With the US expected to continue on it's rate hike cycle then we should see this currency pair reverse and test previous resistance levels.

Techncials:- After the head and shoulders breakout last week we are now expecting the reversal. Already making headway we would like to see a pullback to the pyscological number of 12700 were there has been previous resistance that should give enough space to reach the resistance level with a decent risk reward ratio. take the 1 month free trial at boafx trading signal solutions and get all the info you need to make winning trades everyday.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter