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USDCAD stays rangebound as MAs mute the negative pullback

Started by PocketOption, Feb 16, 2022, 03:53 am

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PocketOption

Feb 16, 2022, 03:53 am
USDCAD stays rangebound as MAs mute the negative pullback

USDCAD is trading around the 50- and 100-period simple moving averages (SMAs), which appear to have hindered the decline from the 1.2800 handle from diving towards the lower regions of the two-week sideways market. The 50- and 100-period SMAs are endorsing an upside trend in the pair. The Ichimoku lines confirm the neutral bearing and […]


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