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USDCAD continues its march higher with jobs on tap for tomorrow morning

The USDCAD moved above its 100 hour MA in the late US morning, after successfully testing it in the London morning session and falling back to the 200 hour MA (green line). The holding of that 200 hour MA was the go-ahead to push back higher.

Breaking the 100 hour MA opened the door for the buyers to jump in.

The price has since moved to a new session high and is getting closer to the recent highs between 1.3468 and 1.3473. The 50% retracement of the 2023 range is between those sw... Read More

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Content Topics

Usdcad

Continues

March

Higher

With

Jobs

Tomorrow

Morning

Forex

Posted: Feb 9 2023, 20:46

Author Name: forexlive

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