USDCAD Rebounds Strongly from 9-month Lows

<p>USDCAD had been in a steady downtrend since late May, generating a clear structure of lower lows. However, the pair found its feet at the nine-month bottom of 1.3115 and retraced back higher, with the price challenging the ascending trendline that connects the pair’s higher lows from November 2022 since early May. The momentum indicators […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/508909-usdcad-rebounds-strongly-from-9-month-lows/">USDCAD Rebounds Strongly from 9-month Lows</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>