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USDCAD ticks back above the 200 hour MA. Can it stay above the MA line though?

USDCAD ticks back above the 200 hour MA. Can it stay above the MA line though?

The USDCAD has been trading in an up-and-down trading range mostly between 1.3344 and 1.3454 (110 pips).

There was an extreme low reached on Friday's trade down to 1.33204, but that was quickly reversed. The swing area between 1.3344 and 1.3358 was reestablished on Monday and again today at the session lows. Going forward, that swing area floor wou... Read More

Posted: Jan 18 2023, 16:17
Author Name: forexlive
Views: 101883

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