In the video above, I take a forex quick look at the technicals driving the USDCAD in trading today. Both support and resistance targets are holding as buyers and sellers battle it out.
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USDCAD bounces off support but found willing sellers near MA level as well. Battle is on.
- The 100 bar MA on the 4 hour chart stalls the rally in trading today. A swing area on the downside provides support.
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