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Forex technical analysis: USDCAD takes out Friday high

Discussion in 'Technical Analysis' started by ForexLive, Nov 16, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Oil near unchanged on the day Oil prices are back near unchanged on the day and that has helped weaken CAD/send the USDCAD higher. The pair has traded at new highs going back to Sept 30 - taking out the most recent high reached on Friday. The high has stalled against a topside trend line connecting the most recent highs though. A break will be eyed

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