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The Canadian dollar has made strides in the last six weeks. After bouncing off support at 0.9650, we’ve now retraced 38.2% of the downtrend that began last September. Prices are north of all major moving averages I use in FX and I see higher trade ahead for the Loonie, especially in light of recent moves [...]
The post Canadian Dollar, North of the Border appeared first on Commodity Trader.
2013-04-11 23:45:47
Source: http://www.commoditytrader.com/2013/04/canadian-dollar-north-of-the-border/