USDCAD soars to new highs as oil prices plummet, creating bullish bias. Oil tests $73.
USDCAD is above the 100 and 200 hour MAs and 50% midpointThe USDCAD is surging (lower CAD) as the pair reacts to sharply lower oil prices. The price of crude oil is now testing the $73.00 level, down over 4.5% on the day. The price of oil…