July 17, 2020 at 04:12PM
USDCAD stays above the MAs/50% of the week’s range
It will take a move below the 1.3570 level
The USDCAD is mired in a narrow 24 pip trading range with lots of up and down hourly bars.
Looking at the hourly chart, the pair has stayed (on a closing basis) above the 100 and 200 hour MAs (blue and green lines). Also near the MAs sits