March 15, 2010 1:23 PM
USDCAD keeps below the 100 hour MA
By fxdd
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The USDCAD moved above the 1.0205-23 resistance but just could not get above the 100 hour MA at the 1.0233 (high reached 1.0230). The market now stands between support at 1.0205 and resistance against the moving average level as the market continues to keep rallies underwraps in the USDCAD. The price has not closed above the 200 hour MA since March 1st.
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