Stock Ticker

USDCAD Technicals: USDCAD falls through 61.8% retracement and tests old ceiling/floor

The USDCAD has continued it’s move to the downside (see earlier post here), and in the process moved below the 1.4000 level, the 61.8% retracement level I.39837, and into a swing area between 1.3968 and 1.3975 where buyers have now stepped in. Is the low in?

In the video above I take a look at the technicals driving this currency pair and what would now turned the bias back around?

Source link

Get RawNews Daily

Stay informed with our RawNews daily newsletter email

Liverpool defender left out of World Cup squad

Madonna Covering Rent For Musicians Working At Her Old NYC Rehearsal Space

Up 16.5%! Here’s why Hollywood Bowl stock smashed the FTSE 250 today

Trump says Iran would not get sanctions relief in exchange for giving up enriched uranium