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Forex technical analysis: USDCAD respects break level on dip.

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

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Oi looks toward $41. Down 1.4% The USDCAD fell in London morning session but is back higher after testing and holding near the 100 hour MA and the underside of a broken trend line (at 1.3264). Crude oil prices are once again lower and looks toward $41 per barrel (. This is reversing the trend back to the upside for the USDCAD and it now eyes the highs from yesterday at 1.33398.

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