USDCAD ping pongs between 100 and 200 hour MA - ConsultFX

USDCAD ping pongs between 100 and 200 hour MA

Cluster of technical levels stalls the rally once. Moving back toward that  area again.  The cluster of technical levels at the 1.2996 to 1.3003 area stalled the rally (high reached 1.3000).  The subsequent all took the price down to its 100 hour moving average of 1.29605 (the low reached 1.2963).