USDCAD Rally Approaches Caution Area

<p>USDCAD bulls have been in charge for eight weeks in a row, currently aiming to push past the resistance trendline from 2020 that caused a bearish trend reversal in October 2022 and March 2023. Given the overbought signals coming from the RSI and the stochastic oscillator, it’s uncertain whether the pair will manage to extend its uptrend […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/517857-usdcad-rally-approaches-caution-area/">USDCAD Rally Approaches Caution Area</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>