USD/CAD down on the day despite oil gains

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

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    When something can't fall on bad news... It's a tough day to draw conclusions in the forex market because flows at the start of the month can skew the market. There was talk about heavy leveraged fund selling in USD/CAD and that may continued to be the case.

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