USD/CAD threatens break to 5-week high

Technical Analysis

Author: Adam Button | usdcad

USD/CAD a couple pips away

Watch out for buy-stops in USD/CAD as it approaches the November high of 1.3271.
USD/CAD a couple pips away

The market is running with the Wilkins comments but I think this is more about the sharp fall in oil prices today.

A break would clear the way for a test of 1.33 and the Sept highs near 1.3340.

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