Tests 50% retracement and swing area
The USDCAD squeeze continued (see earlier post) after making some earlier breaks to the upside.
The pair has now moved up to test the 50% retracement of the move down from the January 28 high (high for the year) at 1.26224. The high price just reached 1.26228. Also above is a
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.
We and our partners store and/or access information on a device, such as unique IDs in cookies to process personal data. You may accept or manage your choices by clicking below, including your right to object where legitimate interest is used, or at any time in the privacy policy page. These choices will be signalled to our partners and will not affect browsing data.
We and our partners process data to provide:
Use precise geolocation data. Actively scan device characteristics for identification. Store and/or access information on a device. Personalised ads and content, ad and content measurement, audience insights and product development.