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CAD's Slow Reaction To Oil Weakness

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 3, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Something slightly different this morning, with a look at a comparison between OIL and USD/CAD. The last two OIL daily candles have been big, red, bearish candles. Price once again couldn't crack long term trend line resistance which just happened to line up with a short term swing low that[​IMG]

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