September Canada dollar futures (D6U25) present a buying opportunity on more price strength.
See on the daily bar chart for the September Canadian dollar futures that prices are in an uptrend and have just hit an eight-month high. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bullish mode as the red MACD line is above the blue trigger line and both lines are trending up. The bulls have the solid near-term technical advantage, to suggest more price upside in the near term.
