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USD/CAD Seeks New Lows As Fed Decision Looms And Oil Remains Buoyant

Discussion in 'Technical Analysis' started by Kaitlin, Apr 27, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    USD/CAD dropped to approach a new 9-month low on Tuesday as the key Fed policy statement loomed only a day away and crude oil prices neared multi-month highs. The current lows for USD/CAD have been the latest culmination of a strong downtrend that has been in place since January’s long-term[​IMG]

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