Crude oll inventories soar again...
The Crude oil inventories were much higher than expectations and the USDCAD is breaking to yet another 11 year high. The price is above 1.3800 now. Crude oil now below $36.00 (currently at $35.85). The next target on the hourly chart comes in at topside trend line at 1.3844 area (let's call it 1.3850).
Looking at the weekly chart, there is not a lot of targets until 1.3966.
