USD/CAD rallies to 1.3650 on a buoyant US Dollar and falling oil prices – by christianborjon USDCAD Majors Macroeconomics Technical Analysis
Although the USD/CAD uptrend remains intact, it should be said that the ongoing rally could halt at around the 1.3689/1.3700 area. However, the Relative Strength Index and the Rate of Change suggest that buyers are gathering momentum, but a decisive breach above 1.3700 Is needed, so the USD/CAD might test higher prices.
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