Forex technical analysis: USDCAD finds sellers on first test of the 50% and 200 hour MA

Discussion in 'Technical Analysis' started by ForexLive, Mar 23, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Oil prices down 2%. Oil inventory data out at 10:30 AM ET The USDCAD moved higher over the last few hours as oil prices took a turn back to the downside and the dollar got off to a strong start. Oil prices are lower by about 2%.

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