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USDCAD retests 100 hour MA and backs off

USDCAD retests 100 hour MA and backs off

The USDCAD pushed to a new session high and in the process moved up to retest the 100 hour moving average 1.34681 (blue line in the chart above). The high price reached 1.34662 – within two pips of the target moving average level. Sellers leaned and the price has since moved back down toward the 200 hour moving average at 1.34251. We currently trading 1... Read More

Posted: Dec 1 2022, 16:01
Author Name: forexlive
Views: 110832

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