EW Update: USD/CAD Looking For A New High

This is a corrective decline on USD/CAD, possibly bottoming as move up from 1.3355 looks very sharp. It is a connection with oil prices; as energy goes down CAD also declines against the US currency. For now it seems like USD/CAD is headed to a new high, but be aware of short-term pullbacks.USD/CAD, 1h

usdcad, intra

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