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A technical look at the USDCAD, AUDUSD and NZDUSD for the US trading session.
The video above outlines the technicals that are driving the major commodity pairs including the USDCAD, AUDUSD and NZDUSDUSDCAD: The USDCAD has been wandering to the downside and trading today with the price moving back below its 100-hour moving average of 1.35353. On the downside, there is solid support in the 1.3496 – 1.3501 area. Within that area sits the rising 200-hour moving average, the 38.2% retracement of the most recent move higher (from the August 10 low), and a number of the swing l...
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Posted: Aug 22 2023, 13:32
Author Name: forexlive
Views: 111712