In the video above, I take a forex quick look at the technicals driving the USDCAD in trading today. Both support and resistance targets are holding as buyers and sellers battle it out.
USDCAD bounces off support but found willing sellers near MA level as well. Battle is on.
- The 100 bar MA on the 4 hour chart stalls the rally in trading today. A swing area on the downside provides support.
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