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USDCAD is NOT chopping

USDCAD is NOT chopping
Whereas, currency pairs like the EURUSD and the GBPUSD has had its share of of ups and downs this week, the USDCAD has been trending more to the upside. The pairs is up 5 of the last 6 trading days after bottoming on Friday at 1.32996 (call at 1.3300). The high price reached 1.35627 today for a move of 263 pips in about 5 1/2 trading days.Technically, the move to the upside had seen the price extend back above a number of key technical levels including:100 hour moving average (smooth line in the... Read More
Posted: Apr 21 2023, 16:41
Author Name: forexlive
Views: 092070

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