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USDCAD in Bullish Mode; Resistance at 1.3650

USDCAD in Bullish Mode; Resistance at 1.3650
USDCAD bounced off its 200-day simple moving average (SMA) and went as high as 1.3653, surpassing a resistance line that had been in effect since March. The technical picture is feeding optimism for a bullish continuation. The price has bottomed out twice around 1.3300 before drifting higher and beyond its simple moving averages (SMAs). Traders are […] The post USDCAD in Bullish Mode; Resistance at 1.3650 appeared first on Action Forex... Read More
Posted: May 26 2023, 08:48
Author Name: actionforex
Views: 081469

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