Forex technical analysis: USDCAD dips below 100 day MA - ConsultFX

Forex technical analysis: USDCAD dips below 100 day MA

Can the price stay below the MA level The USDCAD has moved below the 100 day MA today at 1.26031.  The low reached 1.2579 on the break.  The price has moved back up toward the MA line and retesting.  Can the price stay below and keep the bears in control?  That is what traders/shorts will be eyeing Copyright 2015 Forexlive.com