Technical Analysis – USDCAD’s rebound looks fragile near long-term trendline

USDCAD is pushing efforts to return above the long-term support trendline drawn from the trough of 2017 after rebounding on the three-month low of 1.3041. But the technical indicators have yet to send a clear bullish signal as the RSI is struggling to cross above its 50 neutral mark even though the MACD keeps rising […]