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Forex technical analysis: USDCAD comes off as oil rallies

Discussion in 'Technical Analysis' started by ForexLive, Oct 13, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Crude oil futures are up 1.97% in early trade With data light, the USDCAD seems to reacting to oil and technicals. On the oil front, Crude oil futures are up about 1.97% on the day. This is helping to pressure the pair back lower. Yesterday, was the opposite. It saw crude prices fall from Friday's highs that neared $51 per barrel.

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