USDCAD Vulnerable to More Downside

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<p>USDCAD gives up weekly gains; might be due to a pullback Potential support could next emerge near 1.3400 US core PCE inflation index on the agenda USDCAD erased Tuesday’s bounce as the 20-day simple moving average (SMA) obstructed progress, forcing the price to ease towards its 50- and 200-day SMAs at 1.3450. This is also where […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/520847-usdcad-vulnerable-to-more-downside/">USDCAD Vulnerable to More Downside</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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