Per daily chart of USDCAD (& negatively correlated pair of USOIL), rest of February, this is what I think will be going on in the big picture. USDCAD will be bullish & USOIL will be bearish. Per USDCAD PA did not close for last four days lower then 1.30100 (support) & USOIL PA did not close last week higher then 1.35500 (resistance).
USDCAD made a 1 day doji (on Friday) at 1.30192, which I believe next with NEWS, will be going up. USOIL is now under $54.00, will be going down to $50.00 for rest of February. RSI, noted on chart will be going up when USDCAD turns bullish & breaks green line too. Good luck & every trade is a new 1.
USDCAD made a 1 day doji (on Friday) at 1.30192, which I believe next with NEWS, will be going up. USOIL is now under $54.00, will be going down to $50.00 for rest of February. RSI, noted on chart will be going up when USDCAD turns bullish & breaks green line too. Good luck & every trade is a new 1.