USDCAD Upside Target

8 במאי 2017

USDCAD held today above s1 at 1.36 while OIL remained below $47. Fundamental conditions remain the same prior to the Friday reversal on USDCAD and OIL so technicals should continue in their overall direction. Imminent upside target on USDCAD is 1.3822/40 while longer-term targets go as high as 1.39/1.40.

Enjoy!