1.36 hurdle still a stretch too far for USD/CAD currently ...Middle East

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1.36 hurdle still a stretch too far for USD/CAD currently
The pair has had some decent swings in price action in the last two months. However, they seem largely contained between the lower threshold of 1.3450 and now the ceiling at 1.3600. The latter in particular looks to be a strong resistance point as it held back all of the daily advances in March. That represents a key technical hurdle for buyers now, in chasing any upside momentum.But as the pair backs away from the key level, price action is slowly lurking towards the confluence of its key daily moving averages next. The junction of the 100 (red line) and 200-day (blue line) moving averages is at 1.3495-00 currently. And that will be a key downside region to watch in identifying the pair's b

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