Ichimoku Oil futures and CADJPY correlation- 2/25/10

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  • Ichimoku Oil futures and CADJPY correlation- 2/25/10

Attached is the 10 minute charts for the CADJPY Currency pair (Left) and the Crude Oil futures(Right).   Notice how the chart patterns are very similar.   This illustrates how the CADJPY currency pair is related to Oil futures.    Check out the daily timeframe and see if you see the same correlation.

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