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USDCAD developing some value below the 100 day MA

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

  1. ForexLive

    ForexLive Forum Member

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    Last 4 hourly bars close below the 100 day MA line The USDCAD is developing some value below the 100 day MA at the 1.29378 level. The last 4 hours has seen the price close below key MA line. Moreover, the highs have been leaning against the line. Sellers are trying to stake claim to control. Stay below and they hold that claim.

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