jasperlawler

USD/CAD - Bumps into BIG support at 1.335 - Downtrend done?

Long
FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
Dollar-Cad has been sliding since March panic - Big former resistance at 1.335 could turn support
The end of the drop in USD/CAD could coincide with a pause in the oil price rally - which is inversely correlated

Comments

it will be interesting to see the development
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jasperlawler transparent-fx
@transparent-fx, Great minds! :) I think your target looks good.
If our idea doesn't work tho & USD/CAD can't even reach that far and the level breaks - to me that would be a sign of big dollar-downtrend !
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