币界网报道：USDCAD has been trending lower over the past 5 hours or so, and in the process, the pair has moved away from the 100-hour moving average (blue line). Buyers had a chance to get back above this moving average yesterday, but failed to get back above 50% of the gains since the June low. Today, the highs of the early European and North American trading sessions also extended above the moving average, but there was no momentum. The bottom was finally broken and buyers turned into sellers. Prices are now retreating and retesting yesterday's low at 1.3591. If broken, the pair will enter the bottom extreme area where it bottomed on June 16 at 1.3539. The low on June 17 was 1.3554. Holding support, the bias remains lower, but a move back above 1.3617 will allow traders to focus again on the 100-hour moving average for another test. For now, sellers are in the driver's seat.