E USD/CAD And Crude Oil Intra-Day View

USD/CAD remains interesting but ideal resistance is still 80-100 pips away. This one can be a little more complex and tricky to trade if we consider that oil is bearish at the moment. But for strong CAD we need higher oil; maybe that will come true after completion of a red wave A) near 51.00-51.80 area.

USD/CAD, 1h

Crude oil, 1h

 

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