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USDCAD stays above the 100/200 hour MAs. Macklem is done.

USDCAD stays above the 100/200 hour MAs. Macklem is done.

The USDCAD has been waffling up and down post decision and through the press conference as well (Macklem just concluded that presser).

However, from a technical perspective, the pair remains above the 200 hour MA at 1.3404. The 100 hour MA is not too far from that level at 1.33956.

On the topside, the 1.34369 to 1.3441 is a swing area that... Read More

Posted: Jan 25 2023, 16:55
Author Name: forexlive
Views: 101851

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