The Story
News Summary
- USDCAD faced resistance at the 200-hour MA, leading to declines with USD weakness.
- Strong Canadian retail sales data pressured the pair lower, focusing on key support levels.
- Buyers need to break above the 100-hour MA to regain control; otherwise, sellers dominate.
Explore USDCAD price history & advisor snapshot
These are separate market snapshots and may predate this story. Check the data period, generation time and expiry before using them in your research.
Stored market data
USDCAD price history
1.39
+0.72% over the displayed period
Advisor Snapshot
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