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USDCAD has a down, up and down week and is closing the week between MA levels

The USDCAD traded down and up and down and up and back down and up this week (see hourly chart below). The high price on Monday was retested on Thursday. The low on Tuesday saw the pair, move to and through the 100-day MA (lower blue overlay line on the chart below at 1.3398) but failed. The next test of the 100 day MA on Wednesday, stalled near that level and moved higher. The up-and-down week is ending with the price between the 100 and 200-hour MAs. The 100-hour MA is at 1.3463 and the 200-ho... Read More

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Usdcad

Down

Week

Closing

Between

Levels

Forex

Posted: Sep 22 2023, 19:56

Author Name: forexlive

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