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USD/CAD retreats from big levels but it hinges on oil as we await OPEC

Discussion in 'Technical Analysis' started by ForexLive, Sep 28, 2016.

  1. ForexLive

    ForexLive Forum Member

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    USD/CAD touched off some critical levels but has slipped back WTI crude oil is now up 90-cents on the day to $45.89 after falling as low as $44.35 earlier. USD/CAD traded at a session high of 1.3270 but has slipped back to 1.3219. Yesterday USD/CAD rose to the best level since March but later slipped back and closed below to July highs.

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