Author: Brett Eversole, DailyWealth.com

The Canadian dollar has soared 8% this year, which is a big move in the currency markets. But based on our research, those big returns are likely to end soon…

The simplicity might surprise you…

They tend to soar after hitting oversold levels like we saw recently…

The greenback recently hit its lowest level since early 2015. It has now clearly broken down from a multiyear uptrend, and history says this downtrend will likely continue…

If you’ve been thinking about buying it, now could be the perfect time…