USD/CAD Rejected at Key Resistance, Eyes on Help- USD vs Canadian Greenback Forecast
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USD/CAD – Sellers Maintain Hearth
Final week, USD/CAD printed 1.2951 -its lowest degree in over fourteen months. Nonetheless, the value rallied after as some sellers took revenue. On Friday, the value closed within the crimson with a 0.6% loss. This week, extra sellers exited the market permitting the pair to rally additional.
Alongside that, the Relative Power Index (RSI) deserted oversold territory. Nonetheless, the oscillator remained beneath 50 reflecting paused downtrend momentum.
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