USDCAD Technical analysis 13.04.2016 by Grand Capital‏

The pair is correcting upwards aimd the falling oil prices. If they keep correcting, a continious local rise can be expected.

The price is on the middle Bollinger band, higher than SMA5 but lower then SMA14. RSI index is leaving the oversold zone and signals to Buy. Stoch also turn inside the oversold zone.

Trading recommendations:  Buy the pair with a local target of  1.2850-55, minding the probability of its rise to 1.2915.

Source: https://grandcapital.net