The USDCAD bounces off support at the 200 day MA today keeping the buyers in control
Technical Analysis
Greg Michalowski
18/01/2024 | 14:38 GMT
Although the USDCAD price is above the 200-day MA, the 50% midpoint of the move down from the November 2023 high remains a key target needed to get above to increase the bullish bias.
...more to come
The USDCAD buyers bought against the 200 day MA
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