Forex technical analysis: USDCAD moves below lows from last week - ConsultFX

Forex technical analysis: USDCAD moves below lows from last week

Spike in oil helps the loonie The spike higher in the price of oil (), is helping the loonie.   CLICK HERE Looking at the 5-minute chart below, the price has moved back below the 1.2700 level, and the lows from last Thursday and Friday at the 1.2697 area.  The low for the day has traded to 1.26908 and Copyright 2015 Forexlive.com