USDCAD Forecast and Trade setup for the week ending 12th September, 2014

USDCAD Forecast and Trade setup for the week ending 12th September, 2014

Weekly Chart

• If we stay above support, this area is wide and previously had huge movements .

Daily Chart

• Staying above support with many tails , as well as Two EMA is looking to cross
• Note there is weakening and negative RSI divergence

Hourly Chart

Outlook Trade opportunity

Could be ranging, but favour long trades

Risk Level Low

Tips -

Always take note of any economical news event on our provided calender below