USDCAD has bounced back towards its 50- and 200-day moving averages (MA) after dipping to a more than two-week low of 1.2458 on Thursday. The price is currently testing the 38.2% Fibonacci retracement June-December 2021 uptrend at 1.2597 and there is a strong prospect of further gains in the short term. The RSI is in […]
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