JW Sniper’s Channel,
USOIL the rejection from 54 continues to new low 44.
We only can see the 43 - 42.30 support areas, it can be the next destination next week and if the price reached and hold there creating double bottom formation on the daily timeframe, we can do a long trade until 70
USDCAD was creating a gravestone doji in a daily time frame, it is a clear sign that 1.34500 had a drive back a bullish movement. The strong rejection like this shows us an indication USDCAD will the trend market into a bearish situation.
Note :
You can understand and learn about the correlations between USDCAD & USOIL by clicking the link below
https://www.babypips.com/learn/forex/black-crack