USDCAD stalls its run higher at 38.2/100 hour MA/swing area

Sellers leaned against resistance area The USDCAD ran higher with the overall dollar buying. The price moved up to the 38.2% retracement at 1.39704. That was just above its 100 hour moving average currently at 1.39625 and within a swing area (see red numbered circles) in the 1.3965 to 1.3972 area. The high price stalled at 1.3969.