CAD is continuing it's strong upward rally, helped by the recent dive in oil prices. Short positions are not an option at this point. I will continue to buy into dips.
Crude(25.03.2015) broken downside & traded lower towards $43 mark as mention in our last analysis. However the recovery was quite sharp to resistance zone once again.
Now crude is trading around $47.50 & as we can see on charts, its approaching to the broken tradeline of last symmetrical triangle pattern. This recovery seems to be a corrective one due to less...