USDCAD is in bearish correction mode MACD and RSI suggest weak momentum USDCAD is heading south erasing the rally towards the 1.3845 peak, slipping beneath the 20-day simple moving average (SMA). However, the broader outlook remains positive as the price is posting higher highs and higher lows above the 200-day SMA. Technically, the MACD oscillator […]
The post USDCAD Retreats Beneath 20-day SMA appeared first on Action Forex.
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