Forex technical analysis: USDCAD sees some delayed buying after data - ConsultFX

Forex technical analysis: USDCAD sees some delayed buying after data

Looks toward 200 hour MA The USDCAD has seen a bit of a delayed reaction after the weaker than expected building permits (-7.5% vs -1.0% estimate).  The move to the upside has taken the price to new session highs and above the 1.24807 level which was the low on the Canada employment day BEFORE the much better Copyright 2015 Forexlive.com