USDCAD surges after the stronger US jobs reports. The USDCAD tests key moving averages.

  • The 200 hour MA and the 100 bar MA on the 4-hour chart being tested. A break opens the upside.

The USDCAD is moving higher after the US jobs report and tests a key dual moving average level. Moving above would have traders looking toward 1.3466 and then the 200 day MA at 1.3479.

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