USDCAD Stages a Rebound After Sharp Selloff

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<p>USDCAD is recovering following December nosedive Positive momentum is gaining traction but sustained rebound not certain yet Is this just a temporary respite? USDCAD is headed for a third straight day of gains as it recovers from Wednesday’s five-month low of 1.3176. The pair’s two-month old slide accelerated in mid-December, pushing the momentum indicators deep [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/533402-usdcad-stages-a-rebound-after-sharp-selloff/">USDCAD Stages a Rebound After Sharp Selloff</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>