USDCAD Rebounds on 3-Month Low, Surpassing 20-Period SMA

<p>USDCAD has been in declining movement over the last month but is currently trading above the three-month low of 1.3360. The stochastic oscillator is approaching the overbought zone; however, the RSI is pointing down after the touch on the neutral threshold of 50. Also, the red Tenkan-sen line is holding below the blue Kijun-sen line, […]</p>
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