USDCAD Slips Near 200-day SMA and Uptrend Line at 1.2600

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USDCAD Slips Near 200-day SMA and Uptrend Line at 1.2600

USDCAD is currently challenging the long-term ascending trend line and the 200-day simple moving average (SMA) around the 1.2600 psychological mark. The price is showing some signs that it would be a penetration of the diagonal line, suggesting the start of a neutral outlook. According to the technical indicators, the MACD oscillator dived beneath its […]

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