USDCAD surges above 1.3300 level, Bulls take back some control above 200 hour MA. ...Middle East

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The USDCAD is running to the upside after breaking above it 200-hour moving average at 1.32665 earlier today. That was the first break above that moving average since December 13. The break above give the buyers a go-ahead to push to the upside.That run to the upside took the price above the natural resistance at 1.3300. It also broke above a swing low going back to December 20 at 1.33107. That area between 1.3300 – 1.33107 will now be close support for buyers looking for more upside momentum.On the topside and next major target comes against the 38.2% retracement of the move down from the December high to the December low at 1.33451. There is a swing area between 1.3348 and 1.3353 that is a

Hence then, the article about usdcad surges above 1 3300 level bulls take back some control above 200 hour ma was published today ( Tuesday 02/01/2024 - 06:52 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.

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Last updated : 02 January 2024 clock 06:52 PM

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USDCAD surges above 1.3300 level, Bulls take back some control above 200 hour MA. ...Middle East

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