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USDCAD Tests Key 200-day Moving Average After Bullish Breakout Attempt

InvestingLive Read original source (opens in a new tab)
The Story

News Summary

  • USDCAD broke above key resistance and the 200-day MA but failed to sustain gains, now testing critical support.
  • A decisive move below 200-day MA risks downside, while defending it could lead to renewed bullish momentum.
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USDCAD price history

1.40 +1.45% over the displayed period

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