USDCAD trades to a new high. Trend line approached.
USDCAD above the 100 hour MA
The USDCAD trades to a new session high and in the process has extended above its 100 hour MA at 1.27028. The pair is also approaching a downward sloping trend line at 1.2727. The highs from yesterday reached up at 1.27331. The 200 hour MA (green line) is at 1.27411.
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