22.04.2019
USDCAD
The pair is trading at the upper end of the broad range of 1.3280–1.3385. It may continue falling to its lower edge after the start of trading in North America against the background of the sensitively growing crude oil prices.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is on the level of 50%. Stoch are moving down.
Trading recommendations:
Sell the pair after it goes below 1.3355 with a likely drop to 1.3280.
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