USDCAD Bounces Off 50-day SMA

<p><img width="521" height="333" src="https://www.actionforex.com/wp-content/uploads/tag-images/cad3.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/tag-images/cad3.jpg 521w, https://www.actionforex.com/wp-content/uploads/tag-images/cad3-300×192.jpg 300w" sizes="(max-width: 521px) 100vw, 521px" /></p>
<p>USDCAD experienced a setback, falling below the 1.3800 handle But quickly found its feet at the 50-day SMA and recouped some losses Momentum indicators suggest a cautiously bullish tone USDCAD had been in a steady advance since July, posting a fresh 13-month peak of 1.3898 on November 2. Since then, the pair has experienced two rounds of […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/527862-usdcad-bounces-off-50-day-sma/">USDCAD Bounces Off 50-day SMA</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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