EURCAD Rockets to Descending 200-day SMA

<p>EURCAD bullish demeanour has strengthened significantly as the pair recently surged from the more than 5-year low of 1.4100 and is now tackling the 200-day simple moving average (SMA) at 1.4600. The longer-term 100- and 200-day SMAs endorse the broader bearish trend, while the upturn in the 50-day SMA, is reflecting the bullish correction in […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/428215-eurcad-rockets-to-descending-200-day-sma/">EURCAD Rockets to Descending 200-day SMA</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>