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USDCAD retests 200 hour MA after test of 100 day MA stalls the run higher

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Old 06-02-2019, 13:30
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Default USDCAD retests 200 hour MA after test of 100 day MA stalls the run higher

Based against 100 day MAThe USDCAD moved above the 200 day MA (at 1.31212) and the 100 hour MA (at 1.31269) yesterday and althought the topside was limited, the pair could not get back below that MA level (blue line in the chart below).

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