USDCAD falls below the 50% and 200 day MA

  • 100 day MA was broken yesterday

The USDCAD is taking another step to the downside after a break of the 100 day MA yesterday and breaks below the 50% retracement and the 200 day MA on the daily charts today.

Sellers are making another break in the pair giving the bears more control.

What next from a technical perspective?

Take 2 minutes to look at the video and find out.

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