Currently on the weekly Time frame, USOIL seems to show a clear retest of a neck line of the M structure.
if this region hold, we can be looking at a 9000 pips drop in the price of oil. This will mean we might be expecting a weak Canadian Dollar as this pair correlate positively with it.
if this region hold, we can be looking at a 9000 pips drop in the price of oil. This will mean we might be expecting a weak Canadian Dollar as this pair correlate positively with it.