USDCAD Technicals: The USDCAD backs off highs and stays in the range
The USDCAD has spent much of the time since January 26 trading within a well-defined range between 1.3522 and 1.3724, with multiple rotations between support and resistance. Last week, sellers pressed the pair down to the lower boundary of that range. However, momentum shifted late in the week, with price breaking above the upper extreme….
