Technical Analysis

USDCAD bounces after reaching 2 month low



USDCAD makes new low but momentum fades The USDCAD moved to a new 2 month low (lowest level since November 10) after breaking below the low from yesterday at 1.2485). Before that, the price broke below its 200 day moving average at 1.24982. The run to the downside took out the low from
Source: www.forexlive.com


 

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