I am not convinced on UCAD….
USD/CAD OANDA:USDCAD
USD CAD looks great on every timeframe except the weekly…Looks like we could be inside of a falling wedge . 1.30 has proven to be strong resistance many times in the past, the weekly close candle looks like a hanging man . Crude oil dropped big on Friday, if we get a bounce in oil , this may drive UCAD down…