USDCAD Technicals: The buyers continue to trend the USDCAD higher and higher
Last week’s question: Was the high in place?In last week’s video, I asked whether the USDCAD’s high was in place .The question centered on a swing area between 1.41297 and 1.41488. After a move from the September 8 low at 1.37588 to the September 24 high near 1.41488, buyers had covered a lot of ground in a short time. That area looked like a reasonable place for the rally to stall.The test for sellers was whether they could push the price below 1.41297 and keep it there.
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