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The USDCAD buyers bought against the 200 day MA
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The USDCAD bounces off support at the 200 day MA today keeping the buyers in control
The USDCAD bounces off support at the 200 day MA today keeping the buyers in control
- Although the USDCAD price is above the 200-day MA, the 50% midpoint of the move down from the November 2023 high remains a key target needed to get above to increase the bullish bias.
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