USDCAD stretches down to the swing area target as sellers remain in full control ...Middle East

The USDCAD from April to July was confined in an up-and-down trading range between 1.3586 and 1.3803. Finally, in July, the pair broke higher reaching a level of 1.39458 on August 5. However, since then the pair as moved back into the up-and-down consolidation range, and then below the low of that range last week on the back of the Powell speech and overall USD selling (below 1.3586).That momentum the price to a low near 1.35000 on Friday. On Monday, we saw an extension lower with the price reaching 1.34625.. That level was within a swing area between 1.3455 and 1.3477. There has been some stall over the last eight or so hours of trading. The current price trades at 1.3480.Can the buyers h

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