USDCAD breaks resistance and targets 200-bar MA, Potential for further upside on a break. ...Middle East

In an earlier video today on the USDCAD, I spoke to the pair getting above the 1.3398 level where the 50% midpoint was found and also above the high of a swing area up to 1.3414. The buyers were indeed able to do that, and have subsequently run the price up to another target. This target comes from the 4-hour chart. That target is at its 200- bar moving average at 1.34396. So far sellers are leaning against that 200 bar moving average level, but pushing against it as well. A battle is certainly on between buyers and sellers at the technical level. What next?A break above would have traders looking toward the 38.2% retracement of a longer-term move down from the November 1 high. That level c

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