USD/CAD Decline Likely To Continue

<p>The US Dollar declined by 36 points or 0.28% against the Canadian Dollar on Tuesday. The currency pair breached the 50, 100– and 200– hour SMAs during Tuesday&#8217;s trading session. All things being equal, the exchange rate is likely to continue to edge lower in a narrow descending channel pattern. A breakout through the lower [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/354540-usd-cad-decline-likely-to-continue-19/">USD/CAD Decline Likely To Continue</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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