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USD/CAD Pulls Back To Key Support As Crude Oil Bounces

Discussion in 'Technical Analysis' started by Kaitlin, Jan 22, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    USD/CAD pulled back sharply on Thursday as crude oil staged a bounce from extreme multi-year lows and the markets digested the Bank of Canada's decision a day earlier to keep its key interest rate unchanged at 0.5%. Thursday's surge in crude oil prices helped provide a boost for the long-battered[​IMG]

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