simonsays452
Long

Continued CAD weakness on oil slump

FX:USDCAD   U.S. Dollar/Canadian Dollar
27 0 0
The weaker dollar hasn't seemed to deter further CAD weakness as oil             has continued its march lower. On Friday we saw CAD close above fib extension resistance at 1.3168. Watch for a breakout through a resistance band from 1.3190 to 1.3200. That should push CAD to 1.3400.
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