USDCAD trend & momentum 19-Jan-2015

USDCAD stays at around 1.197, which has gone up for last two weeks.Now the trend and momentum indicates USDCAD is expected slightly downward trend for a coming week.

Some important events are planned in this week though they are European issues, such as ECB decision or Greek election.
 Market consensus will be more conservative in this period, and conservative currencies, such as JPY, might be stronger in this period.