USDCAD moved up to test the highs for the year ...Middle East

The USDCAD has erased the declines from this week after the break to new 2024 highs on Friday failed. The low price yesterday and into today stalled just ahead of a support target at 1.3813 (the low reached 1.3817). The election results started the run back to the upside and that momentum has moved up to test the high from last week at the 1.3958.Getting above that level will have the price trading at the highest level since October 2022. Get above that level and the price is trading a the highest level since May 2020. What would derail the bullish move?If the price can stall RIGHT here, there is a chance to start a correction lower. If the price moves back below the 100/200 hour MAs tha

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USDCAD moved up to test the highs for the year ...Middle East

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