Forex technical analysis: USDCAD falling lower on Morneau comments
Hawkish comments send the USDCAD
Canada FM Morneau is speaking like a hawk and that has sent the USDCAD lower ().
see comments here
Looking at the 4-hour chart above, earlier in the day, the pair was up testing a resistance area at 1.2413-20. Swing level (see red circles) and the 200 bar MA on the 4-hour