Feedback Form
41 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/CAD Maintains Bearish Stance Just Above 0.98

posted by Avatar FXTimes 273 days ago in CAD, Technical made popular 273 days ago

The 1H USD/CAD chart shows a market maintaining the bearish stance. Price action broke below last week’s consolidation rising trendline. The moving averages are in bearish alignment with the 200-hour SMA on top going down to the 8-hour SMA at the bottom closest to price action. The RSI reading continues to hold below 60, reflecting persistent...
Log in to comment or register here.