USDCAD today had another encounter with support at 1.366 but once again held above. We will be looking for further bearish pressure this weak, and a break below 1.366 down to  1.345-1.335. This break might be short lived and we could see a bounce in price at that area.

Until then we can look for further retracements to regain the down side movement.

USDCAD D1 22-02-16

WTI 22-02-16

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