FLASH NEWS
FLASH NEWS
Sunday, January 24, 2021

USDCAD chops to a brand new session excessive

The value of  the USDCAD has traded above and under the 100/200 hour MA over the past eight hours. 

The USDCAD is chopping to a brand new session excessive. The chop has seen the worth commerce above and under the 100 and 200 hour MAs over the past eight hours. 

The price of  the USDCAD has traded above and below the 100/200 hour MA over the last 8 hours. 

A brand new hourly bar has simply began with the worth coming off a brand new excessive for the day at 1.27458. If the worth can now keep above the 100 hour MA at 1.27306, the patrons can be extra in management.  Transfer under – and under the 200 hour MA at 1.27208 – and sellers are again in management (and the chop too).

Consumers making a play.

The subsequent goal is the 38.2% of the transfer down from the December 21 excessive at 1.2754.  Get above, and the patrons really feel higher.  

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