USD/CAD momentum picking up - TDS

FXStreet (Guatemala) - Analysts at TD Securities explained that USD/CAD’s move up may be picking up momentum again.

Key Quotes:

"The angle of attack in the USD rally certainly looks to be steepening as the break above the old trend channel is sustained. Moving averages are “flaring” away from each other and the alignment of trend momentum studies on the short, medium and long term charts suggest no real scope for a USD drop at
present and modest dips remain a buy".