USDCAD rotates lower today after sharp break higher last week took price to 2020 levels ...Middle East

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USDCAD rotates lower today after sharp break higher last week took price to 2020 levels
source : forex live ( Middle East ) () 38
The USDCAD broke above the 2020 high price on Wednesday of last week at 1.3978, and that helped to kickstart additional gains on Thursday and Friday. The price of the USDCAD has been up for six consecutive days. The low price from November 7 reached 1.3843. The high price on Friday extended to 1.41049.In trading today, the high price fell short of the high price from Friday's trade, reaching high price today at 1.4102 and rotated to the downside. The price is trading near the low for the day at 1.40629, but still remains comfortably above the rising 100-hour moving average at 1.40196.The price moved above the 100-hour moving average back on November 8 near 1.3892. Going forward, take a move

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