While a number of technicals point to a bit of an upside trend, this should be limited by short-term resistance followed by a correction back to the long two-year channel that has formed. Daily FX's Nick Cawley called this the trade of the year to short this pair. So far its not panning out. For more, check out anthonylaurence.wordpress.com
CADcadshortcanadiandollarChart PatternsHarmonic PatternskiwikiwicadkiwilongkiwishortnewzealandNZDCADTrend Analysis

Disclaimer