Technical Analysis – USDCAD turns more bearish after falling out of 2-month range

USDCAD is looking weak after falling out of a 2-month range. Prices broke below key support at 1.2500 although appear to have stabilized for now just below this level. The daily RSI is in bearish territory but has turned neutral in the short term, very close to oversold levels. Looking at the bigger picture, USDCAD […]