SonicDeejay

USD/CAD (10/Jan/18) *Potential Swing Back is in Play

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
USD/CAD was in "Sort of" oversold region after hitting eating up decent SL of the long.

Now it is very like in the retracement mode. USD/CAD UP mean Oil can be down too.

In the longer term, we are still in BEAR but it "may" be time for a decent swing back as there are many shortists piling up to get wacked.

1.2590 and 1.272 will be nice targets.

Trade Safe

s0nic


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