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The USD is moving higher vs. the CAD, AUD and NZD today and making some breaks technically

The USD is moving higher vs. the CAD, AUD and NZD today and making some breaks technically
The USD is moving higher will versus the commodity currencies including the USDCAD, AUDUSD and NZDUSD. In the process and there have been some technical breaks that are driving the price action. For the USDCAD, the price is low back above its 200 and 100-hour moving averages at 1.3521 and 1.3542 respectively. Stay above those levels is more bullish for the pair today and going forward.The AUDUSD has seen a break below its 200-hour moving average of 0.6437. The 100-hour moving average is just b... Read More
Posted: Aug 24 2023, 13:39
Author Name: forexlive
Views: 112598

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