$USDCAD Resistance or support found? for FX:USDCAD by workingtraders

USD (US Dollar) Crude Oil Futures WTI (CL1!)

We will look into Important CAD data (CPI - June 19) tomorrow to decide direction. We are neutral right now on USD until further data supports more hawkish view point.

Oil does look well supported. We may just chop here for the near future.

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