USDCAD Hopes for a New Bullish Correction

<p>USDCAD has been in a range for the second consecutive week, unable to extend its rebound off a nine-month low of 1.3115 above the nearby resistance of 1.3225. The odds for a bullish extension are increasing, given the positive slope in the momentum indicators. But with the RSI fluctuating below 50 and the MACD remaining within the […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/512000-usdcad-hopes-for-a-new-bullish-correction/">USDCAD Hopes for a New Bullish Correction</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>