Sforex

Traders should pay attention into Corelation between U/C and OIL

FX:USDCAD   U.S. Dollar / Canadian Dollar
187 4 1
Canada is a large oil             export country. Thus, Oil             price affects greatly on Loonie. When oil             increases, U/C decreases as a result. Oil             decreases, U/C rises.

This is the long term trend.

Traders should not ignore the move of oil             and Gold             which affect on Loonie and Aussie.
Confirm U/C tests 1.055 in the end of week.
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