This post was originally published on this site.The last few days have clearly belonged to the sellers, who have continued to push the USDCAD lower and maintain the strongest technical hand (see prior posts and videos HERE and HERE). On Friday, I highlighted the increasingly important support developing below the market: The low today reached 1.3868, briefly moving below the bottom of a swing area between 1.38683 and 1.3877. However, the decline has so far stalled ahead of two increasingly important downside targets: a channel trendline near 1.3859 and the 200-day moving average at 1.3852. That 200-day moving average is...
BlockchainAugust 17, 2026August 17, 2026
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