USD/CAD can't catch a breather as it hits another 11-year high

Discussion in 'Technical Analysis' started by ForexLive, Dec 11, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    USD/CAD rises another 30 pips The thing about a market with no resistance is that it rises easily. Oil is lower and that's an easy signal for USD/CAD buyers. The US dollar is broadly stronger and that's the other factor.

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