USDCAD moves higher after Canadian retail sales. What are the charts telling traders now?

Name: USDCAD moves higher after Canadian retail sales data. What are the charts telling traders nOw?
Uploaded: 2023-08-23T13:45:48.000Z
Description: Canadian core retail sales weaker than expectations sends the USDCAD higher on the day and above a swing area between 1.3564 and 1.3585. Buyers making a play.

Core retail sales weaker than expectations

Greg Michalowski

Buyers in the USDCAD took the price above a swing area between 1.3564 and 1.3585 after weaker Canadian retail sales. The buyers are making a play and potentially looking toward the extremes from April and May as the next key targets. If the price can stay above the aforementioned swing area that hope remains real.