Forex - Chart USD/CAD Update: More chop at the 100-day/50-day MA zone


 10:53 (GMT) 15 Apr

  [Forex Charts]

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Chart USD/CAD Update: More chop at the 100-day/50-day MA zone (0101-KLWX-C01)

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Asterisk denotes strength of level

10:50 GMT - USD/CAD continues to chop around the 100-day/50-day MA zone at 1.3333/06 for now as we watch for signs of a bigger range break for this week. For now, the back and forth action continues. If the mkt can sustain a push above 1.3333 as the session progresses then there looks to be another shot at the 1.34-handle. Failure to hold above 1.3306 puts the mkt in a weak position.


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