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GemtradesFX

USDCAD LONG

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
GemtradesFX  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Technical Indicators USDCAD usdcadlong 50ma Oil gemtradesfx gemtrades
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trendanalysis indicator usdcad usdcadlong 50ma oil gemtradesfx gemtrades
- New higher high formed, along with higher lows
- Break of descending trendline
- We've had a rejection of the 0.71 FIB and 50MA
- Oil has dropped which affects the CAD negatively
- Could enter around now, however, I expect a slight pullback to the 0.786 for a better entry
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