1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

USDCAD falls below 100 hour MA but rebounds.

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

  1. ForexLive

    ForexLive Forum Member

    Joined:
    Sep 2, 2015
    Messages:
    14,098
    Likes Received:
    1
    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.

    Read full forex technical analysis here
     

Share This Page