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USD/CAD Plunges To 9-Month Low On Crude Oil Surge

Discussion in 'Technical Analysis' started by Kaitlin, Apr 13, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    USD/CAD dropped to a new 9-month low below 1.2800 support on Tuesday as crude oil prices surged dramatically due to renewed speculation that a deal to cap oil production levels among OPEC nations and Russia could plausibly be reached.[​IMG]

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