USDCAD moves below its 100 hour MA to a new session low
The up and down price action saw the USDCAD stall at an floor on the hourly chart.
The USDCAD rebounded higher in the Asian/early European session, and in the processes all the pair move up to test a floor from Monday and Tuesday at 1.2730. The high price reached 1.27291, and found sellers. The floor became the ceiling.
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July 21, 2021 at 06:28AM