USDCAD
Potential USDCAD long opportunity. I really like this one because we are nearing some major support and the bottom section of an ascending channel. I also think that we can expect a decrease/pullback in oil which would decrease the demand for the CAD. Fundamentally speaking I feel this is the correct direction due to the talk of a US interest rate hike and the abundant supply of oil. I am looking price action to indicate the reversal on a 4 hr time frame. Swing trade for this one in my opinion.
Disclaimer: I do not know what I am doing. Trade your plan not mine. Due your due diligence.
