USDCAD PULLBACK

2020-02-07 22:35:55

We have some interesting signs with this pair. We see a death cross on the chart along with support potentially being developed at recent resistance, In addition, with the possibility of Canada job reports coming out strong and Russia making a strong commitment to Oil, we may have a nice push down. US Non Farm Payroll had decent reporting, however, unemployment rate increased as well. UCAD has traditionally moved strong in either direction over time. Its a great trend trading pair.