VantageFX
Long

USD/CAD coiled into ascending triangle. Breakout & re-test?

FX_IDC:USDCAD   US DOLLAR / CANADIAN DOLLAR
45 0 1
Oil prices seeped to their lowest level in over 6 years, breaking swing lows as oversupply was confirmed as not being abated any time soon. OPEC meetings ended with no resolution on production cuts and lacked any reference to output ceilings which was the big kicker in sending Oil             to new lows.

The CAD fell 1.2%, sending USD/CAD             spurting higher to its highest level since 2004.
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