ADX with a low signal, Divergence with the MACD. The ANN Strategy might also show a buy signal. If that happens within the next 24 hours, the USDCAD will fly. I expect to see it run up 100 pips in the next 2 or 3 days, and if the ANN strategy shows a buy signal, and the EMA's cross, with the Dollar outlook being strong, this pair should run a good 200-300 pips. For the meantime though, sit back and wait for the pair to run up and touch 1.265
Comment:
It had quite a run up, but this is just the beginning of the trend. Wait for a pull back to 1.2646, and then all in