Has USDCAD Started a New Bullish Cycle?

<p>USDCAD rose quickly above the tight bearish channel, but soon stopped around February’s lows and near its 20-day SMA on Thursday. The pair is set to close the month down by 2.3%, marking its worst monthly performance since 2021. That said, the recent bullish channel breakout continues to look promising as both the RSI and […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/507976-has-usdcad-started-a-new-bullish-cycle/">Has USDCAD Started a New Bullish Cycle?</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>