Forex technical analysis: USDCAD up on the day but staying in up and down range - ConsultFX

Forex technical analysis: USDCAD up on the day but staying in up and down range

Yesterday, the price stalled ahead of the 200 hour MA/38.2% retracement The USDCAD is higher on the day, but let's face it, the pair is not exactly racing in one direction or another. The last 6 trading days has seen the price range in a 105 pip trading range. The high reached 1.2891 on Tuesday. The Copyright 2015 Forexlive.com