USDCAD defines close support and resistance to start the new trading week. ...Middle East

The USDCAD moved up on Friday and stalled at the falling 200-hour MA. Today, the price did move above that falling MA (it was lower today), but stalled near the high from Friday, and below the 50% midpoint of the September trading range (at 1.35328). Those are the topside targets to get to and through to increase the bullish bias.On the downside, after failing back below the 200-hour MA today, the sellers pushed down but found support buyers near the swing level of 1.3486. That level did hold support in the early North American session and pushed the price back higher. So Support at the swing level near 1.3486. Resistance is at the 200-hour MA at 1.35176, and the highs from Friday and toda

Hence then, the article about usdcad defines close support and resistance to start the new trading week was published today ( Monday 30/09/2024 - 06:01 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( USDCAD defines close support and resistance to start the new trading week. )

Also on site :

• Gold Star Distribution Inc., Issues Recall of Certain FDA-Regulated Products in Three States Including Drugs, Devices, Cosmetics, Human Foods, and Pet Foods
• ’Beverly Hills, 90210’s Jason Priestley Shares Bold Callout After ‘Worst’ Travel Experience
• Central African Republic election: Who’s running and what’s at stake?