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Loonie : Potential Correction.

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Sforex  
FX:USDCAD   U.S. Dollar / Canadian Dollar
4
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I'm not surprised if USDCAD corrects after strong rally.

I see many signals of incoming correction.

- Stoch indicator: %K cut %D
- RSI: the uptrend gradually lost momentum and there is a divergence between RSI and price.

Tomorrow, US GDP is the main focus. If the data cann't provide enough catalyst for the greenback, absolutely USDCAD will correct.
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