….finding support too
The USDCAD has moved back below the 100 hour MA today and has done a good job of using that MA as a lid to the topside.
The not so good news for the sellers (and maybe good news for the dip buyers) is that a trend line cutting across at 1.3436 and the 200 hour MA at 1.34234 currently, are key support levels that are holding and need to be broken, if the pair is to continue the downside momentum.