USDCAD Vulnerable to More Downside
<p><img width="612" height="410" src="https://www.actionforex.com/wp-content/uploads/2022/02/f-cad92.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2022/02/f-cad92.jpg 612w, https://www.actionforex.com/wp-content/uploads/2022/02/f-cad92-600×402.jpg 600w, https://www.actionforex.com/wp-content/uploads/2022/02/f-cad92-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2022/02/f-cad92-300×201.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<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>
Leave a Comment