HERE'S AN IDEA ON THE USDCAD PAIR, PREVIOUS WEEK WAS A QUITE ONE FOR THE CANADIAN DOLLAR WITH THE NEWS AND DATA UPDATES.. EVEN THE BOUNCE BACK IN OIL PRICES HEADING INTO THE WEEKEND BRING MUCH VOLATILITY TO CAD.
> ON FRIDAY CAD PUSHED HIGHER AGAINST SOME PAIRS PROBABLY DUE TO SOME WEAK ECONOMIC UPDATES FROM CHINA, GERMANY AND THE U.S. PLUS THE U.S - CHINA SAGA
> USDCAD HAS BEEN TRADING IN AN ASCENDING CHANNEL ON THE 4H CHART LOOKING FOR THE PAIR TO PUSH HIGHER TO RETEST THE STRUCTURE AND POSSIBLY BREAK TO THE UPSIDE