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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

    Sep 2, 2015
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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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