The USDCAD chops near highs. Short term floor holding so far

Move below 1.2730 should see more selling The USDCAD moved sharply higher yesterday on the back of tumbling oil prices.  Today, the price of WTI crude oil has turn back to positive territory after trading to a new cycle low near $65.20. That move lower, took the price below its 100 day moving average at $66.24 (see blue line

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