The USDCAD can't stay below its 200 day MA

Sellers give up and retrace week's declines
The USDCAD trended lower yesterday until the price reached the 200 day MA (currently at 1.3507 today).  The fall lost momentum.  The buyers and sellers waged a up and down war between 1.3500 and 1.3520. That war continued until the early European trading hours today, when the sellers gave

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *