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USDCAD bias tilts more to the downside on the stronger employment report

Started by forex4you, Mar 11, 2022, 07:44 pm

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forex4you

Mar 11, 2022, 07:44 pm
USDCAD bias tilts more to the downside on the stronger employment report

USDCAD falls below its 200H MA tilting the bias lower


The USDCAD has moved below its 200 hour moving average and looked toward the 61.8% retracement at 1.2706 and the natural support at 1.2700. Below that level is a swing area between 1.2680 and 1.26846.  Break that level and the 100 da

Source: USDCAD bias tilts more to the downside on the stronger employment report

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