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USD/CAD Trendline Will Aid in Identifying Next Move

USD/CAD Trendline Will Aid in Identifying Next Move

2015-04-02 19:00:00
Jamie Saettele, CMT, Sr. Technical Strategist
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USD/CAD Trendline Will Aid in Identifying Next Move

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-USDCAD is either consolidation before another push higher or forming an important top. There is no way to know what the outcome will be ahead of time but a break below trendline support would begin to shift focus to the downside.

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