USD/CAD little lower

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

USD/CAD is trading a little lower Monday. USD/CAD is trading at 1.2761, down 0.0008. Chatter about this Wednesday's FOMC meeting it makings it's way around. The pair was higher early during Asian and European trading. Market chatter was that crude oil prices were weak and led to some buying . Crude oil prices have since become range -bound and the USD/CAD has moved a bit lower on the session. Data due out today is the release of Canadian Foreign Security purchases at 8:30 AM ET.

20-Year Pro Trader Reveals His "MoneyLine"

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