USDCAD in strong uptrend buy on retracement
Updated
After macroeconomic data releases from the U.S. and Canada lifted the USD/CAD pair to a fresh 19-month high at 1.3563. Pair trending in strong uptrend and falling crude oil have major contribution in Canadian economic data ABOVE 1.3600 TGT 1.3645-1.3675
Trade closed: target reached
USD/CAD pair retraces below 1.3600 and follows the long-term trend and rose to high 1.3660 above our TGT 1.3645
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