As Crude Finds its Footing, Traders Eye Descending Triangle in USD/CAD

Thursday, 21/05/2020 | 10:50 GMT-0

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USD/CAD fell to trendline support on Wednesday, as the Canadian dollar was boosted by rising crude oil prices and hopes of a global economic recovery. Equities, crude oil and the risk sensitive Australian dollar also benefited from rising investor confidence.

Scandinavian Capital Markets Review

Source: https://scandex.com/2020/05/21/as-crude-finds-its-footing-traders-eye-descending-triangle-in-usd-cad/

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