The USDCAD has seen up and down volatility after the US CPI knowledge, however the patrons try to carry help in opposition to the 100 hour MA. That has the lean extra in favor of the patrons. The 100 hour MA is available in at 1.3370.
Having mentioned that, the worth nonetheless must get and keep above the 50% of the December buying and selling vary at 1.3397. Above that the excessive swing degree at 1.3714 would add to the bullish bias.
The video above, outlines the technicals in play and present what must be completed for the patrons to maintain and enhance management.
