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Barchart
Barchart
Jim Wyckoff

1 Trade to Make Now as High Gasoline Prices Hit the U.S. Economy

Economy Canada

June Canada dollar (D6M26) futures present a buying opportunity on more price strength.

See on the daily bar chart for the June Canadian dollar futures that prices are trending up and last week hit a four-week high. See, too that the moving average convergence divergence (MACD) indicator is also in a bullish mode as the blue MACD line is above the red trigger line and both lines are trending up. The bulls have the near-term technical advantage.

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