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| Technical Chart |
SUMMARY
The primary trend of USD/CAD is bullish. It is
sustaining below the falling trend line & consolidating with a
positive bias.
Prices are taking support from 30 SMA & can come
up to test the 200 SMA .
Today if the pair sustains above 1.1330
we can expect it to test the level of 1.1350/1.1370.
RSI
is also sustaining in buying territory supporting the further
bullishness in the market.
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| USD/CAD |
STRATEGY
For Today, USD/CAD is looking strong on chart.
We can expect upside
movement for few upcoming session.
One can go for buy on dip strategy
for this pair for intra day to mid term positions.
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