As we can see USDCAD has been moving in an ascending channel for quite sometime now I believe the falling oil prices will depreciate the CAD against USD look for buying opportunities as long as the market remains above the 1.3474 level
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.