Technical Analysis – USDCAD records 9-month high; sharp buying interest in short term

USDCAD has advanced considerably over the last four trading days, hitting an almost 9-month high of 1.3071 during today’s European session. Price action at the moment is taking place not far below this peak, having successfully surpassed the 1.3000 strong psychological level. The technical picture supports that the bullish bias is likely to continue in the short-term. Having a look in the […]