USDCAD moves higher after Canadian retail sales. What are the charts telling traders now?
<p> Buyers in the USDCAD took the price above a swing area between 1.3564 and 1.3585 after weaker Canadian retail sales. The buyers are making a play and potentially looking toward the extremes from April and May as the next key targets. If the price can stay above the aforementioned swing area that hope remains real.</p>
This article was written by Greg Michalowski at www.forexlive.com.
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