All Eyes on Dollar as 2009 Comes To an End

GBP/CAD:

The pair’s recent bearish trend may be experiencing a correction soon as the 8 hour and daily RSI is floating in the oversold territory and the daily chart’s Slow Stochastic is exhibiting a bullish cross. The 8 hour MACD is also exhibit an impending bullish cross. Forex traders may be advised to go long for the day.