USDCAD moved lower and tested the 200 hour MA target on the downside. Buyers stalled the fall. The price moved back higher. That move to the upside took the price back to the 100 hour MA where sellers are now leaning. So buyers against the 200 hour MA below. Sellers are leaning against the 100 hour MA. Traders will be looking for the next shove outside that area for the next bias clues. |
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