USDCAD sets it's support and resistance targets . Trades between two levels

<p>The USDCAD is trading up and down today with a high rate up at 1.3464, and a low price at 1.3425. In between, sits its 100-bar moving average at 1.34355.</p><p>The range today sitting between a bigger range defined by it 200-day moving average above at 1.34828. The high prices from Friday stalled against that 200 day moving average. On the downside, there is a swing area support at 1.3414. On Friday, the low stalled near that level. On Monday of last week,the low also stalled near that level.</p><p>The video above outlines the technical levels in play.</p>

This article was written by Greg Michalowski at www.forexlive.com.