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USD/CAD nearing tough zone of resistance

Discussion in 'Technical Analysis' started by ForexLive, Sep 2, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Technical analysis: USDCAD approaches the August highs The Canadian dollar is sinking alongside crude oil. A bounce to $46 in WTI crude earlier today faded on larger inventories and fresh concerns about global growth. Oil is currently trading at $44.50, down about $1 on the day.

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