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USDCAD follows the oil fall

Discussion in 'Technical Analysis' started by ForexLive, Jul 7, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    USDCAD pushes higher as oil takes a tumble Adam reported on the fall in oil to a triple bottom area. The inventory data and technicals (falling below the 100 and 200 hour MAs) seemed to line up with both contributing to the selling.

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