USDCAD bounces off support target and trying to extend above and toward MA targets

The USDCAD moved lower in early trading today but found support near a familiar swing area between 1.38917 and 1.3904. Buyers leaned against that zone, which has acted as a floor in recent sessions, and the price responded with a bounce hig https://www.forexlive.com/news/usdcad-bounces-off-support-target-and-trying-to-extend-above-and-toward-ma-targets-20250514