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Forex technical analysis: For the USDCAD it is all on the sellers to prove they can take...

Discussion in 'Technical Analysis' started by ForexLive, Jan 15, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    If the sellers cannot overwhelm the buyers the buyers win The price of the USDCAD reached yet another new high going back to 2003 today. It has been 10 days in a row with a new high and if today stays above 1.4367, it will be the 10th straight up day. Over that time, the price of the USDCAD has soared by about 735 pips. PS. the low was on the first day of the calendar year at 1.3810. The high today reached 1.4545.

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