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USDCAD finds the support wires near the convert 100/200 hour moving average

The USDCAD has seen the price move down to test key support near the convert 100 and 200 are moving average at 1.3587. Below that was a swing level near 1.35825. The low price reached 1.3581.Sellers cannot extend below the that target level with any momentum. Buyers have reentered modestly with the current price trading at 1.3599.If the seller to take more control getting below the 100 and 200 are moving averages and the swing level at 1.3582 is needed. Absent that and the buyer still have more... Read More

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Content Topics

Usdcad

Finds

Support

Wires

Near

Convert

100

200 Hour

Moving

100 200

Average

Forex

Posted: May 3 2023, 19:02

Author Name: forexlive

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