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Forex technical analysis: USDCAD moving back above the 200 day MA

ByGreg Michalowski

Feb 21, 2017

It is not pretty…
The USDCAD on the daily chart is showing the price above the 200 day MA at 1.31425. We are trading near the day’s highs. All of last week traded below the 200 day MA.  SO the bias is more bullish.

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  4. Yen demand continues to undermine the pound and euro

By Greg Michalowski

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