USDCAD Bears from Tops
Publish Date : 2019/09/23 - 12:30

The USD/CAD pair continued with its struggle to make it through the very important 200-day SMA and quickly retreated around 20-25 pips from the early European session swing high.

The pair managed to catch some fresh bids on the first day of a new trading week and got an additional boost from a combination of supporting factors a reasonable pickup in the US Dollar demand and a modest pullback in Crude Oil prices.

Source: FXstreet

close Menu
SignIn SignUp
Forex & Stock