Technical Analysis – USDCAD maintains neutral-to-bearish bias below SMAs

USDCAD is trading not too far from the 20- and 40-day simple moving averages (SMAs), which are moving horizontally over the last sessions. The near-term bias is looking neutral-to-bearish as the RSI is flatlining marginally above the 50-neutral level, while the stochastics are pointing south and the %K and %D lines are ready for a bearish cross […]