Not racing higher….It did move away from 100 day MA/50% support
The USDCAD was not ignored in the USDs tumble yesterday. The pair moved down to the 100 day MA yesterday. It traded above and below that MA today at 1.3298. It also fell below the 50% retracement of the move up from the Feb 23rd low to the high on March 8th. That level comes in at 1.32878. The low today reached 1.3276.