USDCAD falls below 100 hour MA but rebounds.

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

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    OIl below $39 (-1.27%) starting to help the pair recover The USDCAD moved lower in sympathy with the dollar weakness today. This while oil prices moved lower as well. The price of oil has moved below $39 (down -1.27%) and the price of the USDCAD is starting to react with a move back to the upside.

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