SteynTrade

The cloud and the USDCAD

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
The USDCAD has been correcting from the initial move down. On the weekly time frame the Chico Span has been following the top of the cloud for the past 5 weeks. I expect the move up to continue for a further two weeks before continuation of the bigger move down.

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