Forex technical analysis: USDCAD moves up toward Oct/Nov/Dec highs - ConsultFX

Forex technical analysis: USDCAD moves up toward Oct/Nov/Dec highs

50% and 200 day MA lie ahead On the daily chart, the USDCAD has closed above the 100 day MA since October 24th. That is 36 straight trading days.  Today we traded up to 1.28916 (so far) - short of all those levels (1.2901-16).  That area could slow a rally just because they did it before. Copyright 2015 Forexlive.com