I've been watching USDCAD. USD has been strong and driving the way against the CAD. Current RS reading: USD = 6, CAD = 1. Demand is lower on the 1hr and 4hr. I'm waiting for price to drop to demand or create new demand higher. Bullish Bias on USDCAD.
Check out my relative strength analysis I post everyday on twitter @WhosTrend
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Check out my relative strength analysis I post everyday on twitter @WhosTrend
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.