FLreports

NEWS: USDCAD trades between the 200 and 100 hour moving averages January 16, 2020 at 04:28PM

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50% retracement is also in play on the downside
The USDCAD has moved up and down in trading today and in the process, is ping-ponged between technical resistance above – defined by the 100 hour MA – and technical support below – defined by the 200 hour moving average and the 50% retracement.

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