EURCAD Eyeing 200 WMA
2019-11-21 17:37:19
EURCAD has moved above the 7-year trend line resistance, the previous support. The pair is now eyeing the 200-DMA, which comes at 1.4833, closely followed by 200-WMA at 1.4853. Don't be surprised if the pair moves there in abrupt fashion given the overall CAD weakness.