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Technical analysis: USD/CAD rockets off 200-MA, fuelling upward trajectory

FXStreet.com
 2022-01-28

Cover picture for the articleUSDCAD remains positively energized aiming for the Ichimoku cloud’s upper band around the 1.2813 high, after taking flight from the 200-day simple moving average (SMA) around the 1.2500 mark. The longer-term SMAs are suggesting an overall neutral trend in the pair, while the marginal incline in the 50-day SMA is sponsoring...

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