Technical Analysis – USDCAD restrained near bottom of trading range
USDCAD failed again to beat the mostly flattened simple moving averages (SMAs) and is currently headed to retest the lower boundary of the horizontal market at 1.3850. The short-term oscillators further reflect the latest down turn in price with the RSI having approached the 30 mark from the bullish section, and the stochastic lines declining […]