level which will mean that Canadian Dollar will become stronger than
US Dollar. In the current scenario it is heading towards 1.0200 level.
USDCAD seems to have completed its retracement and has settled back
into a nice downward trend. Aggressive entries can be seen just around
1.0320 level but more reasonable selling level can be seen around
1.0370 level.
RSI is a bit on the lower side around 34 but after its retracement, it
has opened up sufficiently to create enough space for itself to take a
dip towards 1.0200 level and even break towards 1.0000 level.
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