The USDCAD has continued it is transfer to the draw back (see earlier submit right here), and within the course of moved under the 1.4000 degree, the 61.8% retracement degree I.39837, and right into a swing space between 1.3968 and 1.3975 the place consumers have now stepped in. Is the low in?
Within the video above I check out the technicals driving this foreign money pair and what would now turned the bias again round?
This text was written by Greg Michalowski at investinglive.com.
