The USDCAD is also moving lower and following the USD bias. The price is trading at the lowest level since September 6 when the price bottomed at 1.3465. That level was just above the August 30 low price reached at 1.34643 (double bottom). The low price today has reached 1.3474 so far. Buyers looking to stick a toe in the water might lean against that double bottom level with a stop on a break below. It worked on September 6th. Recall from the last two trading days, the 200 day MA stalled the rally on Friday. Yesterday the 100 hour moving average and 200 hour moving average were near each other at 1.3580. The high price reached 1.3581 before reversing lower and running. Those were K techni
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