USDCAD continues its fall today, but sellers find their match against the key 200 day MA ...Middle East

forex live - News
USDCAD continues its fall today, but sellers find their match against the key 200 day MA
The USDCAD felt sharper yesterday and in the process extended below its 100-day moving average and 50% retracement near 1.3538, its 100-bar moving average on the 4-hour chart at 1.35267. Today the selling was continued with a break below an upward-sloping trendline, and its 200-bar moving average on a 4-hour chart 1.34937.The sellers found that their match however against the 200-day moving average 1.34787. Support buyers came in against that level and we've seen a modest increase off of that level in the early North American session. Going forward, it would take a move below that moving average to increase the bearish bias. Conversely, a break back above its 200-bar moving average on a 4-ho

Hence then, the article about usdcad continues its fall today but sellers find their match against the key 200 day ma was published today ( ) 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 continues its fall today, but sellers find their match against the key 200 day MA )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News