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FX.co ★ Technical analysis of USD/CAD for June 08, 2018

Technical analysis of USD/CAD for June 08, 2018

Technical analysis of USD/CAD for June 08, 2018

If we look at the 4 hour chart of the USD/CAD pair, we can spot a hiddden divergence between the price and the Stochastic Oscillator. As long as this pair does not break out and close bellow 1.2857, it will likely go up and test the 1.3028 level in a few days ahead.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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