USDCAD Pulls Back from 3-month Peak

<p>USDCAD had been stuck in a steep uptrend after finding its feet at the 11-month low of 1.3091 in mid-July. However, the pair has been undergoing a downside correction since its rejection at a fresh three-month peak of 1.3638 on Tuesday. The momentum indicators currently suggest that the bullish forces are fading. Specifically, the MACD is [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/516867-usdcad-pulls-back-from-3-month-peak/">USDCAD Pulls Back from 3-month Peak</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>