menu search

USDCAD can't extend above target swing area for the second consecutive day

USDCAD can't extend above target swing area for the second consecutive day
The USDCAD moved higher in the Asian session and returned to a swing area between 1.3271 to 1.32853. The high price in the Asian session reached 1.3282 stalled, and rotated to the downside. The 2nd run to the upside in the early US session took the price up to a new corrective high at 1.32849, and in the process tested the high of the swing area. However, once again, the sellers pushed the price back to the downside.Admittedly, the price low off of the Asian high remains above a lower swing area... Read More
Posted: Jun 29 2023, 14:48
Author Name: forexlive
Views: 102164

Search within

Pages Search Results: