This morning the CAD rose sharply against the euro and the US dollar, presumably this was anticipatory of better than expected GDP released ~1hr later. (which interestingly I noticed happening on another significant CAD event, maybe I'm paranoid but maybe a common information leak? I'll certainly be keeping an eye on it.) The pair managed to reach the lower bound of a 1 month upward trend and seems to be reacting well in accordance with the trend as well as overbought conditions on the H4 RSI.
Kommentera:
Nevermind on my comments about the move being anticipatory, I had my timezones off by an hour on my calendar.