On 20 August I had written about trading USDCAD by tracking Oil price. At that time Oil price was trading at 116.56, USDCAD was trading at 1.0588. See here.
Today we had seen oil price moving up higher to 121.21 and indeed USDCAD went lower to 1.0449.
Oil chart
USDCAD chart
Friday, August 22, 2008
Trade USDCAD by tracking Oil price (Part 2)
Posted by Tactical Trading Team at 10:56 AM
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