Fall from 200 hour MA and back below 100 hour MA
The USDCAD has moved down to test support ahead of the week’s lower extreme swing area. The 1.31689 to 1.31731 is home to swing lows and highs going back to Tuesday’s trade (see green numbered circles and lower yellow area). The low price just extended to the high of that range
- NEWS: USDCAD corrects today, but MA holds support October 27, 2020 at 02:30PM
- NEWS: March-style lockdowns are never coming back October 27, 2020 at 02:28PM
- US Presidential Election Timeline and Implications for Gold Prices
- AUD/USD, GBP/USD, Silver & More: Charts & Technical Analysis
- How Will Markets React to the 2020 Election?