USDCAD bounces back from dip but neutral outlook unchanged

<p>USDCAD has bounced back towards its 50- and 200-day moving averages (MA) after dipping to a more than two-week low of 1.2458 on Thursday. The price is currently testing the 38.2% Fibonacci retracement June-December 2021 uptrend at 1.2597 and there is a strong prospect of further gains in the short term. The RSI is in […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/440454-usdcad-bounces-back-from-dip-but-neutral-outlook-unchanged/">USDCAD bounces back from dip but neutral outlook unchanged</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>