Round up on the Loonie

Good Morning Dynamic Traders

Hope you all had a great weekend and are ready for another week of catching profits.

I’m going to round up following the CAD today after 2 weeks of following the Loonie.
I think it’s fair to say that the Loonie has been struggling since last Wednesday as price has been oscillating around the resistance area, which has added strength from the RN.
It also appears that price could now be caught in a channel, and if this is the case then easy profits are on the horizon!
I personally wouldn’t be surprised to see price fall to the support line, as MACD the is showing signs of divergence, what do you think?














Happy Trading

Richard Monnery