USDCAD has been in a steep uptrend since mid-September when the price managed to forcefully cross above the 1.3222 region. Although the pair recently spiked higher to a fresh 29-month high, it quickly lost some ground, hinting that its latest rally could be overstretched. The momentum indicators currently suggest that bullish forces are waning. Specifically, the […]
The post USDCAD Extends Retreat after Hitting 29-month High appeared first on Action Forex.
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