Negative RSI divergence on H4 and overbought conditions on the L/T charts suggest that the USD/CAD rally is very likely to stall in the near-term. WTI is bound for a recovery, and the US Dollar is currently weaker across the board. Target 1.33.
Note
Trade closed.
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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.