USD/CAD 55-day moving average rises over 100-dma
Technically, there isn't much not to like about USD/CAD longs. The pair has been consolidating for three months then broke out Friday and yesterday.
Adding to the reasons to buy is the bullish crossover of the 55-day moving average and the 100-dma.
But in the short term it all hinges on what the Fed does tomorrow.
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