Saturday, December 14, 2019
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Technical Analysis – USD/CAD returns above the trendline

USD/CAD returns above the trendline, but rebound capped by 100-day MA. USD/CAD has been restricted by the 100-day simple moving average (SMA) in recent sessions, after buyers aggressively reversed the pair back above the uptrend line, reestablishing a neutral-to-bullish picture. Despite the bearish demeanor of the 20- and 50-day SMAs, the 200-

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