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Forex technical analysis: USDCAD trades up to 200 hour MA

Discussion in 'Technical Analysis' started by ForexLive, Apr 1, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Oil trades at session lows Oil prices are falling to session lows and that has the USDCAD moving to the upside (weaker CAD). Oil is trading at near session lows at $36.83 - down 3.45%.

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  2. Eliza Abrams

    Eliza Abrams Well-Known Member Trader

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    With those hammer and shooting star candlesticks on the daily time frame the pair will likely start moving up again.
     

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