USDCAD bears still in control

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<p>USDCAD is in the red today, tests the support of the 200-day simple moving average The mixed momentum indicators complicate the outlook The SMAs’ convergence could open the door to a sizeable move ahead USDCAD is moving lower today after bouncing off the July 14, 2023 upward sloping trendline. The downleg since the September 7, [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/519888-usdcad-bears-still-in-control/">USDCAD bears still in control</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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