Forex technical analysis: USDCAD back up to the pre-employment day low level. Stalls. - ConsultFX

Forex technical analysis: USDCAD back up to the pre-employment day low level. Stalls.

Breaks 100 hour MA too but can the momentum be maintained? The USDCAD has moved higher in trading today. The rally (lower CAD) runs counter to the price of oil which is up 1.77% today. It tends to support the CAD and in contrast to the employment fundamentals.  The BOC is meeting next week and the Copyright 2015 Forexlive.com