USDCAD is trading sideways after the aggressive buying interest that was created following the rebound on the 1.2250 support level. The pair hit an eight-month high near the 1.3000 critical psychological level and successfully surpassed the 50.0% Fibonacci retracement level at 1.2930 of the downleg from 1.3800 to 1.2060. However, currently, the price action has slipped below the aforementioned […]