USDCAD is trading around the 50- and 100-period simple moving averages (SMAs), which appear to have hindered the decline from the 1.2800 handle from diving towards the lower regions of the two-week sideways market. The 50- and 100-period SMAs are endorsing an upside trend in the pair. The Ichimoku lines confirm the neutral bearing and […]
The post USDCAD stays rangebound as MAs mute the negative pullback appeared first on Action Forex.