USDCAD is falling with modest dollar weakness today. Moves towards support target at 1.3765

USDCAD fell today due to dollar weakness. In the process, the pair moves away from the upper resistance target between 1.3839 and 1.3855. Downside support nears the 100-day moving average of 1.3765. The devil also corresponds to the high of a swing zone up to 1.37346.

In this video I describe the technical levels involved and explain why.

This article was written by Greg Michalowski at www.forexlive.com.

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