$USDCAD forextrading - we will eventually try to make a break higher to go looking towards the 1.28 handle.
However, later in the day we started to see significant buying, and we have now parked at the 1.27 level yet again.
At this point, it looks as if the 50 day EMA is trying to offer a bit of support, and for my money I think that we will eventually try to make a break higher to go looking towards the 1.28 handle. Speaking of trading partners, a lot of the commerce between the two countries is at a standstill currently, simply due to the truckers protesting.
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