USDCAD falls to converged 100/200 hour MA. Key target suport. ...Middle East

forex live - News
USDCAD falls to converged 100/200 hour MA. Key target suport.
The USD/CAD surged sharply higher on Tuesday following news of a proposed 25% tariff on all Canadian goods by former President Trump, contingent on the continued "stream of illegal immigrants" at the border. Adam addressed the issue here: "Tariff man loses his fastball". The spike higher propelled the pair to its highest level since April 2020. However, sellers quickly stepped in, reversing much of the gains as broader USD selling gained momentum. The downside move extended today, supported by positive economic data and a strong 7-year note auction, further pressuring the pair lower.The price is now testing the converged 100-hour and 200-hour moving averages at 1.40138, a critical technical

Hence then, the article about usdcad falls to converged 100 200 hour ma key target suport 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 falls to converged 100/200 hour MA. Key target suport. )

Apple Storegoogle play

Last updated :

Also on site :