The USDCAD retraces back to the 100/200 hour MA. This is the place to buy if you like the upside

USDCAD corrects to the 100/200 hour MAs

On Friday, the USDCAD moved higher on the back of stronger US jobs report and weaker Canada jobs report. The move took the price away from the  100/200 hour MAs, above a swing area between 1.2712 to 1.2725 and up toward the high from January 28 at