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USDCAD buyers took a shot at the upside and failed
The USDCAD fell to - and through - the 200-hour MA (and a swing area between 1.3207 - 1.32299) yesterday, but failed. The price rebounded into the close modestly.Trading today, the Asian session saw increased upside momentum. The price ultimately broke above its 100-hour movie average (blue line in the chart above) currently at 1.32457. That break led to further momentum that saw the pair break above a key topside swing area between 1.3271 and 1.32853. The price moved above that area to a high o...
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Posted: Jul 5 2023, 16:51
Author Name: forexlive
Views: 110637