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USDCAD bounces off the 100 day MA today

USDCAD bounces off the 100 day MA today

Yesterday, the USDCAD moved sharply lower despite the fact that oil prices were tumbling to the downside. Below is the post on the pair. Here is the link: https://www.forexlive.com/technical-analysis/oil-is-down-350-but-usdcad-is-lower-by-134-20230104/

Maybe the move to the downside (higher CAD) was off the AUD strength. Remember it moved higher on the fundamental story that... Read More

Posted: Jan 5 2023, 20:10
Author Name: forexlive
Views: 110785

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