Will have oil influences this week…
As headlines swirl around about OPEC, the USDCAD trades up and down today. The pair just tested a level I think is important on the downside and held. It was new lows for the day, but the 100 hour MA and the lowest swing low going back to September 14th held (at 1.3129 and 1.31279 respectively).
Forex technical analysis: USDCAD tests a bullish above/bearish below line and holds.
