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USDCAD moves higher as oil corrective gains start to erode

Discussion in 'Technical Analysis' started by ForexLive, Jan 12, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Oil dips trades back below $31 per barrel The USDCAD is trading at fresh North American session highs at 1.4250. The rise is being helped by crude oil prices, which have moved back below the $31 per barrel. A new low in crude oil was reached earlier today at $30.39. The price rallied to a high of $32.23, but is now moving back lower.

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