CAD may get some strenght

4 thg 4, 2020

Based on fundamental perspective: according to EUA, Russia and Saudi Arabia meetings to cut oil production in the middle east, this fact could increase the WTI price as we noted on last Thursday and Friday after that statement elevated the price to $30.
Technically after that downtrend retracement to 0.618 targets are 0.618 extensions. Support broken and 1 level of consolidation according to MMM.