Over the last two days, CAD pairs have started to show strength causing the index to break above a descending trend line. Price seems it is still respecting the months long range this chart has been in. I'll be watching for CAD strength to show in the pairs. As the Index moves to the top of the range, new trends could form.
Check out my relative strength analysis I post everyday on twitter @WhosTrend
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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.
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.