Forex technical analysis: USDCAD runs to swing area - ConsultFX

Forex technical analysis: USDCAD runs to swing area

USD pressure and higher oil (helping CAD) lead to technical break The USD is under pressure. Feds Yellen said that she was not sure inflation is indeed transitory and durable goods data was weaker.  Oil is also higher and traded above the $58.00 level (2 year high).  That is helping to support the loonie.  Copyright 2015 Forexlive.com