Short-Term Forex Technical Outlook: USD/CAD (Daily FX via Yahoo! Finance)

Falling oil prices paired with increased demands for the U.S. dollar continues to favor a bullish outlook for the USDCAD, and we may see the pair work its way back to the October highs over the near-term.

Original post by Peter Rosenstreich

This entry was posted on Wednesday, November 19th, 2008 at 10:20 pm and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.