Oil prices up. Month end volatility impacting as well
The USDCAD has fallen back down after rising in earlier North American trading.
The pair at the highs extended briefly above a trend line connecting the recent highs. That did not hold up. Oil prices are up today and so is market volatility in the last hour or so and that has helped lead to a move back lower. The price is currently trading back below the 100 hour MA with trend line support at the