While the EURUSD, GBPUSD, USDJPY and USDCHF point to a lower USD, the USDCAD is not so sure.
The USDCAD moved higher initially (higher USD), then fell toward a support and is back up. That has the pair higher on the day. However, the price is finding some stall near the 100/200 hour MAs between 1.43616 and 1.4375. Those MAs will be key barometer for the USDCAD today (and going forward).
For the full technical story, watch the above video.
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about usdcad trades up and down and back up again in volatile trading 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.
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