Technical Analysis – USDCAD remains neutral in medium-term; near-term risk is to the downside
USDCAD remains neutral as it continues to trade in a range from late October. Near-term risk is tilted to the downside. The retracement of the longer-term downtrend from 1.3793 to 1.2061 has not reversed yet. However, the market is capped at the 200-day moving average. The bounce off the more than a 2-year low from […]