Be aware. USDCAD has 100 hour MA above/triple bottom below. - ConsultFX

Be aware. USDCAD has 100 hour MA above/triple bottom below.

And the extremes are converging The PPI data out of Canada were higher than expected.  As a result, the price of the USDCAD has moved lower and in the process kept the price below the 100 hour MA (blue line in the chart below). That line comes in currently at 1.25404. The high reached 1.25405.   Earlier Copyright 2015 Forexlive.com