USDCAD stays above key 4-hour MA. Buyers in control in the short term.
The USDCAD moved higher on Friday helped by weaker Canadian jobs report. The unemployment rate rose from 6.4% to 6.6%. That took the rate to the highest level since 2017 if you exclude the Covid spike from 2020/2021. Looking at the USDCAD, it moved above its 100 bar moving average on the 4-hour chart on…
