USDCAD falls to test swing area. Stalls at the support target so far

Swing area comes in at 1.24873 to 1.24921 Looking at the hourly chart above, the pair tumbled back below its 200 hour moving average 1.25226 and moved to a low of 1.24888. That low stalled within a swing area between 1.24873 and 1.24921 (see red numbered circles in the chart above and yellow area).  The area was defined by swing highs and

Leave a comment