Forex technical analysis: USDCAD trades below 1.2500 but 50% level nearby - ConsultFX

Forex technical analysis: USDCAD trades below 1.2500 but 50% level nearby

Lowest level since mid October The USDCAD has traded to 1.2499 - just below the 1.2500 level.  Crude oil remains above $60 (trades at $60.33) which is supportive to the loonie.  Freezing temperatures over most of the US is keeping energy price supported. Copyright 2015 Forexlive.com