1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

More Solid US Economic Data May Not be Enough to Save USD/CAD Bulls

Discussion in 'Technical Analysis' started by Kaitlin, Feb 25, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,805
    Likes Received:
    0
    One rival that has been particularly strong against the greenback of late has been the Canadian dollar. After nearly reaching 1.47 five weeks ago, USD/CAD has fallen by more than 1000 pips to test its 100-day MA near 1.3630 as of writing. The pair's collapse has coincided with a rally[​IMG]

    Continue reading...
     

Share This Page