• End of the week and some potential USD/CAD reversal warnings

• Third week below the 20-week lower Bollinger: line at 1.3890

• Weekly action forming a hammer and bullish engulfing line

• Can see a trend acceleration before a turn: big drop w/e April 11

• Potential for a daily engulfing candle Friday

• Daily action leaving the 100-day moving average intact, today at 1.3733

• Trend reversal pointers beginning to build: could signal gains next week
USD/CAD Weekly candle chart:

(Peter Stoneham is a Reuters market analyst. The views expressed are his own)