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USDCAD Hopes for a New Bullish Correction

USDCAD Hopes for a New Bullish Correction
USDCAD has been in a range for the second consecutive week, unable to extend its rebound off a nine-month low of 1.3115 above the nearby resistance of 1.3225. The odds for a bullish extension are increasing, given the positive slope in the momentum indicators. But with the RSI fluctuating below 50 and the MACD remaining within the […] The post USDCAD Hopes for a New Bullish Correction appeared first on Action Forex... Read More
Posted: Jul 28 2023, 09:16
Author Name: actionforex
Views: 092020

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