USDCAD is testing key resistance level at 200-period SMA
A break below this important level could drag the pair lower towards potential support levels: (1) 21-period SMA (1.345324) and (2) 23.6 (1.34572) Fibonacci level.
The Canadian dollar, a.k.a. "loonie", has struggled recently and may well continue to do so if the central bank meeting today doesn’t keep the mildly hawkish narrative going.
A break below this important level could drag the pair lower towards potential support levels: (1) 21-period SMA (1.345324) and (2) 23.6 (1.34572) Fib...
The Canadian dollar, a.k.a. "loonie", has struggled recently and may well continue to do so if the central bank meeting today doesn’t keep the mildl...
On 26 September, USDCAD bulls officially took over the reins from bears on the daily timeframe. ...
USDCAD MACD SMA RSI Technical Analysis
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