By FXEmpire.com
The USD/CAD pair fell hard during the week as the Dollar got pummeled in general. The oil markets look a bit supported at the moment, and any move higher in them will certainly push this pair lower. The 0.98 level must be overcome for us to start selling though, as the level held the markets up over the back half of the week. A daily close below that level has us selling. Otherwise, selling from the parity level is our next move as this pair looks heavy at the moment.
Click here a current USD/CAD Chart.
Originally posted here
