- Technical outlook changed. Buying on dips is no longer appropriate.
- Weekly and daily chart reversed course, now looking bearish.
- Is a sell on a pullback towards 1.2350 neckline on the daily chart.
- CAD highly correlated to crude oil. Reversal partly triggered by recent rally in crude and chart suggests more upside to crude (now $56).
1 comment:
Just read from you pinboard the news about the TRS shutdown. Very surprised. Very stupid of the government. This is a bad sign for Singapore's future. Even Hong Kong has more press freedom!
Pandu
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