USDCAD corrects to retracement area and bounces
…but 50% of the move down from the March high stalls the rally
The USDCAD has a little bull and a little less bull.
The less bull is that the pair ran up to a high to 1.4264 today. That was just above the 50% midpoint retracement of the move down from the March 2020 high (see daily chart
Leave a Comment