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USD/CAD pennant top at 1.2627 reinforced by upper 21-d Bolli

Monday, March 9, 2015 1:35 PM UTC

Source: Thomson Reuters

Pennant top at 1.2627 reinforced by upper 21-d Bolli at 1.2636 last
Pair underpinned by data, oil; USD-CAD 2-yr yield spreads rise for 2nd session also aid
Pair needs close above 1.2627 to resume main uptrend, target Jan 30 1.2800 peak
USD/CAD to WTI 60-d log correlation is at -0.84: extreme

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USD/CAD pennant top at 1.2627 reinforced by upper 21-d Bolli

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