USDCAD moves closer to key test of 200 day MA/61.8% retracement
Swing low, 61.8% and 200 day MA line up below
- 200 day MA at 1.32656
- 61.8% retracement of the 2019 range at 1.32575
- Swing low from March 19 at 1.3250.
The warning, however, is the market is trending lower. .