We are looking at price making a move into our resistance area
( green zone ) As you can see it has been used as strong resistance before and we have some high impact
CAD and USD news due out this week which could push price into this zone sooner rather than later, because as you should know if you trade oil
has a negative correlation with USD CAD so When oil
goes up, USD/CAD
goes down. When oil
goes down, USD/CAD
So its pretty simple really...