USD/CAD turns with falling Oil Win to 1,37

FXStreet — FXStreet — Driven by the solid Performance of the Greenback, the USD/CAD with the data are good, the days high of 1,3770, but the gains were quickly given up because of rising crude oil prices supported the Loonie. The Barrel of WTI is now struggling to Expand its gains and the Pair found support at 1,3680 to the 1,37 rise. The daily profit is currently 0.3% for 1,3699.

After the day-to-day, was highly educated in the WTI in 48,22$, fell in the course of the last hour below 48$. Behind the decline, there is no clear catalyst, and so it can profit taking before tomorrow’s Baker Hughes data.

Technical Prospects

Supports lie at 1,3645 (Deep-8. May), 1.3600 for (psych. Level / High 28. Dec.) and 1,3460 (50-day MA). About 1,3700, the next Resistances lie at 1,3735 (25. Feb. 2016 High) and 1.38 (psych. Level).

** FXStreet News Editorial, FXStreet**

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