SYFX

USDCAD runs lower with the dollar selling

Summary

By sueyangfx.com July 08, 2020 at 04:06PM High stalled at swing area. Break below 100 hour MA added to the downside momentum The USDCAD has run lower with the dollar selling and in the process is getting closer to a upward sloping […]

July 08, 2020 at 04:06PM

High stalled at swing area. Break below 100 hour MA added to the downside momentum
The USDCAD has run lower with the dollar selling and in the process is getting closer to a upward sloping trendline currently at 1.3529. The low for the week (on Monday) reached 1.35185.  The 50% midpoint of the range since the June 9 low comes in

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